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When people buy units they don’t review the GST clause

In a recent Federal Court case a person purchased a unit for their own private use. They knew the price, they were happy with the price, they paid the price… and then a class action looked at situations where the GST in the contract was different to the actual GST that had to be paid […]

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Asking for a deduction audit…

When looking at deductions taxpayers in particular occupations and locations claim, the Commissioner uses, in real time, a comparison with what they call the taxpayer’s ‘nearest neighbour’. From this real time comparison with other taxpayers in the same industry and location the Commissioner actively prompt the taxpayer in real-time that their claims are out of […]