How often can a business be audited by the Australian Tax Office?

In Australia, the frequency of audits by the Australian Taxation Office (ATO) can vary based on several factors, including the size of the business, its compliance history, and the industry it operates in. Generally, there is no set schedule for audits; they can happen randomly or be triggered by specific issues, such as discrepancies in reported income or deductions. Businesses with a history of compliance may experience fewer audits, while those with inconsistencies may face more frequent scrutiny.