Question 4
At question 4, you must disclose whether there are any actions that remain outstanding for the entity to take in relation to:
- our recommendations from your most recent GST assurance review (including subsequent interactions with us)
- areas of low assurance or red flags outlined by us.
You must answer either yes or no and provide a brief explanation of the response provided, including the actions you have taken to address any ATO recommendations, or areas of low assurance or red flags outlined by us.
Resources to help you answer this question
The best resources to assist you with answering this question will be:
- the final report you received at the completion of your most recent GST assurance review, which will record any ATO recommendations, areas of low assurance or red flags
- any subsequent interactions with us, including further communications you've had with us in relation to particular issues or recommendations.
In responding, consider the recommendations that were identified in your assurance review that:
- you have resolved or actioned, and how
- you haven't resolved or actioned, and why.
You should also specify how you have addressed any areas of low assurance or red flags provided by us.
Example 1: 'No' at question 4
Heather Designs is a Top 1,000 taxpayer. In its most recent Combined Assurance Review, we recommended it review its input tax credit claims in relation to entertainment expenses and lodge a voluntary disclosure (or notify us of the outcome of its review), by 30 September 2024.
Heather Designs conducted a self-review and determined that it hadn't made any claims for non-deductible entertainment expenses. Heather Designs determined that a voluntary disclosure was not required and notified us of the outcome of the self-review by the agreed due date.
When completing question 4 of the Supplementary annual GST return, Heather Designs answers ‘no’ as it does not have any outstanding action items from its last GST assurance review. In its response, Heather Designs refers to the correspondence it provided to us that fulfilled its client next action, and the date of that correspondence.
End of exampleContinue to Section C, Question 5.
Return to Instructions to complete the Supplementary annual GST return 2025.