Is there any fear to compare to that which accompanies the realisation you may have accidentally been telling the tax department an untruth for three years? If there is, I don’t want to know about it.
I swear I can cope with any department or bureaucracy except for the ATO (maybe they should follow Australia Post’s model and just start calling themselves ‘Tax’). I’ve a good head for numbers but, and this is a bad thing ’cause I run my own business, I swear I will never understand how this taxation system works. That’s one reason I have my accountant and thankfully a call to them reduced my blood pressure to normal levels as I hadn’t been as stupid as I thought.
Upshot is I now have a new business name with a grand unveiling coming soon.