- Differences between your taxable income and accounting income.
- Low levels of drawings.
- Overdue tax.
- Overdue returns.
- Unusual ratios or numbers in your accounts compared to other years or compared to other businesses in the same industry.
- Unusual refund history.
In order to minimise the chance of a costly, disruptive audit it is important that your accounts are accurate and that they make sense from the IRD’s point of view. If you would like to discuss your situation please contact us.