Working with lots of micro businesses we regularly see GST mistakes. Some are actually under claiming. We had one last week where the bookkeeper had not claimed GST on the acquisition of a company car and the client obviously had no understanding of the process. Whilst the Mr tax service doesn’t generally review transaction level detail we happened to check that item when adding to the depreciation schedule. Sure enough $2500 GST credit under claimed. Nice to give people good news! At $800 per year for the company financial statements and tax return we just paid for 3 years fees. Happy days!
I had one of my accountants claimed that 50% of my sales incurred gst, which is totally incorrect for a bakery that mainly sells bread.
I spend one weekend redoing 3 years of bas statements which resulted in a nice return of nearly $50k to me. Since that day I havnt had an accountant
Generally you will either receive correspondence from the audit team requesting further documents or advising on the outcome of their audit. The audit team often provide a timeline at the beginning which you can refer to (however from experience this is generally a guide as things can run way over the expected timeframe).