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ATO's new Business Viability Assessment Tool

Scott Robertson - Wednesday, July 09, 2014

The ATO has designed and launched a new online tool to help businesses and tax agents determine whether a business is viable. 

Once the tax agent or taxpayer has answered a series of questions, they will be provided with a report that will contain an overall viability assessment of their business based on the information they have provided consisting of:

  • a summary of key financials and business performance
  • charts that provide a visual summary of the trends of key financial results generated by the business. 

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