GST reviews to work deductions: Five takeaways for SMEs from ATO commissioner’s final speech
The entire 70-minute address is available for viewing online, but SmartCompany has highlighted five of the key points for small businesses.
Four-year gap in ATO small business fraud risk assessments exposed in Auditor-General report
The small business line of the ATO did not complete an external fraud assessment between 2019 and 2023, an ANAO report has revealed.
150 ATO officials investigated in massive TikTok GST fraud crackdown
At least 150 ATO officials have been investigated as part of a massive GST fraud crackdown, resulting in criminal proceedings and employment terminations, according to a bombshell report from the Auditor-General.
ATO reveals 174 criminal convictions amid ongoing GST fraud crackdown
The Australian Taxation Office secured 174 criminal convictions for tax-related fraud in the last financial year, while the stunning trend of GST fraud popularised on social media suggests even more prosecutions are on the way.
ATO issues new warning to GST fraudsters after search warrants, saying “we will be recouping the funds” one way or another
The ATO has issued a last-chance notice to attempted GST fraudsters, after joining forces with the Australian Federal Police to execute new search warrants on those suspected of promoting the scam.
ATO puts 70,000 people on notice for $1 billion tax scam spread on TikTok and Facebook
The defrauded amount in a viral tax scam has blown out to $1 billion as the ATO cracks open a GST con that saw perpetrators claiming money for businesses that didn't exist.
‘You are not anonymous’: Tax office goes after 40,000 people in $850 million scam
The con involved creating a sham business and ABN application, and then submitting falsified business activity statements to receive a fraudulent GST refund.
