Don's Gardening is a sole trader business that has been subject to an ATO audit. A number of errors were found as a result of the audit. The errors were caused by a misunderstanding of the tax law and were not caused by fraud or evasion. The ATO proposes to amend the three previous years of assessments of this sole trader business. Which one of the following statements is true?

Answer rating: 100% (QA)

Based on the information providedheres a breakdown of the true statement Don... View the full answer