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Podcast: The Numbers Game
Episode: ATO Crackdown: 600 Million Data Points Now Watching You
Description: The ATO is now tracking 600 million data points, from OnlyFans and Airbnb to Uber, crypto and even bank accounts. What does that mean for you? More automatic tax changes, less room for error, and a higher chance of being audited if you get it wrong. We unpack the blurred line between hobby and business, the rise of automatic tax amendments, and the risks of getting your deductions wrong. Plus, we talk audit insurance, data-matching war stories, and what the future of tax compliance could look like in Australia.On this episode, we discuss:(00:00) Intro(00:00) Intro<...