The Taxation Office ask many questions when they conduct a tax audit.
This paper, presented in six pages, outlines some of the questions so that a client who has been notified of a tax audit can prepare themselves for the possible questions they might be asked during the audit.
The questionnaire asks a number of questions under the following headings:
- Business History
- Food And Other Household Items
- General Living Expenses
- Sundry Monthly Expenditure
- Sundry Yearly Expenditure
- Bank Accounts
- Credit Cards
- Liabilities
- Investments
- Real Estate
- Improvements To Real Estate
- Furniture And Furnishings
- Motor Vehicles/Motorcycles