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Old 23-07-2020, 12:49 PM   #25
Poetic Justice
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Join Date: Jan 2005
Location: Eastern Suburbs, Melb
Posts: 2,554
Default Re: 'Rona Super Cashout Auto Investment Competition

Quote:
Originally Posted by Bossxr8 View Post
Did you miss the part where they said they are now reviewing the people who made claims against the payroll records? Would be a simple job for them.

If it brings them extra tax back into the system, then yes they will do it. Can't let that money go free now.
Reading FAQs on the ATO website about it and the scenarios they play out, you'd have to have blatantly done it and also subsequently ignored a direct warning about it to be penalised $12k.

https://www.ato.gov.au/Individuals/S...nd-compliance/
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