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Video transcript
Well, an audit is when the ATO isn't satisfied with, some or all of the figures in your tax return, and they ask you to provide proof, evidence to back up those figures.
It can be a simple request, outlining, some additional information requirements for a specific number, for a specific, possibly a tax deduction that you've claimed.
Or it can be a comprehensive audit [where] the ATO could basically go through your tax return with a fine tooth comb, checking all of the numbers.
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