Tag - Tax Update

‘Fake car salesman’ gets three years’ jail in tax fraud bust

A fake car salesman who tried to claim several hundred thousand dollars worth of dodgy refunds has been sentenced to three years in jail for tax fraud. The Queensland man, who registered an ABN in 2010 claiming to run a business in the cafe and restaurant industry, tried to claim over $220,000 in GST refunds he wasn’t entitled to between 2011 and 2015. When audited by the tax office, the man contradicted his registered business activity, claiming he was in the business of selling cars. (more…)

Company directors required to sign up for identification numbers under new anti-phoenixing scheme

Australian company directors will be required to sign up to a new identification scheme designed to curb illegal phoenixing activity under new laws unveiled by the Federal Government. The long-awaited director identification numbers (DIN) draft legislation has been released by Treasury, alongside measures to simplify business registration processes. But has  as yet not been passed as at this date. (more…)
Call Now Button
221, Mount Olimpus, Rheasilvia, Mars,
Solar System, Milky Way Galaxy
+1 (999) 999-99-99
Thank You. We will contact you as soon as possible.
Live Support
Need to join a remote support session or an online meeting? Click below to get started in seconds. Just download and double click to launch. After downloading and installing this software, you will have your first session up and running within seconds.