ATO Update for Small Businesses in Construction & Property
- BBDB
- Sep 1
- 1 min read
The ATO has just released its latest focus area as part of the ‘Getting it right’ campaign — and this quarter, it’s all about the property and construction industry.
As one of the biggest sectors in the small business space, it’s important to stay informed — the ATO is highlighting common issues with practical tips to help you steer clear of them. These include:
Not declaring all income (cash or bank deposits)
Claiming personal expenses as business ones
Failing to register for GST when required
If you're in this industry, now’s a great time to review your records and make sure you're on track.
Need help? Reach out — we’re here to support you.
For further information, visit https://www.ato.gov.au/businesses-and-organisations/small-business-newsroom/getting-it-right-a-focus-on-property-and-construction
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