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False GST invoicing: the ATO is on to it
False Invoicing is big and the ATO is onto to it.
A recent media release says the ATO leads a serious financial taskforce with the AFP in combatting a false invoicing scheme involving 1200 businesses.
Businesses are claiming a tax deduction and GST credits for a cheque payment made to the promoter who return cash less a small fee.
According to the ATO a false invoicing arrangement is a scheme where one entity issues another with an invoice, but provides no goods or s
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General
Understanding Land Tax for Trusts with Foreign Beneficiaries in NSW
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Tax Advice
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Tax Related Crimes
Court Attendance Notices in NSW: What You Need to Know
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Superannuation
SMSF Trustee Disqualification: Legal & Tax Guide
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