Taxation Law FAQ - Will The ATO Believe I Don't Know My Accountant?
Date: July 13, 2011
Q. Do you think that the ATO is likely to believe me when I say that I have had an arm's length relationship with my accountant who lives on the other side of town and I don't know his address although he has asked me to forward to him monies whenever my tax was due and has now disappeared with the lot?
A. I think it is highly unlikely unless you can prove the money was drawn from your bank accounts and remitted to him in the ordinary course. Even if this is in fact true and he has disappeared with the monies sent to him then as they have never been received by the ATO then they are entitled to call upon you to satisfy the outstanding debt as they have never been paid.
Taxation Law FAQ - Audited By The ATO; Is My Accountant Cheating?
Date: July 14, 2011
Taxation Law FAQ - Can I Claim Holiday Costs When Visiting Tax Havens?
Date: July 14, 2011
Author(s): LAC Lawyers
Taxation Law FAQ - Can I Quarantine My Intellectual Property?
Date: July 14, 2011
Taxation Law FAQ - I Am An Extremely Wealthy Man; Can I Follow The Robert Gerard Example?
Date: July 14, 2011
Taxation Law FAQ - I Was A Client of Phillip Egglishaw
Date: July 14, 2011
Taxation Law FAQ - Should I Tell My Accountant Everything?
Date: July 14, 2011
Taxation Law FAQ - What Happens If I Hide Criminal Business Behind Legitimate Enterprise?
Date: July 14, 2011
Taxation Law FAQ - Will A Settlement Interfere With My Ability To Pay?
Date: July 14, 2011
Taxation Law FAQ - Will Going Bankrupt Avoid My Seven-Figure ATO Debt?
Date: July 14, 2011
Taxation Law FAQ - Will Transferring My Assets To My Wife Keep Them Safe?
Date: July 14, 2011
Taxation Law FAQ - Accountant Being Investigated By The ATO
Date: July 13, 2011
Taxation Law FAQ - Am I Entitled To A Foreign-Sourced Tax Credit?
Date: July 13, 2011
Taxation Law FAQ - Am I responsible for the PAYW of independant subcontractors?
Date: July 13, 2011
Taxation Law FAQ - Are Capital Items and Expenses Different?
Date: July 13, 2011
Taxation Law FAQ - Are High-Flying individuals more likely to be prosecuted or let off for tax fraud?
Date: July 13, 2011
Taxation Law FAQ - Can I claim my holiday costs when I visit my oversea's tax haven advisors?
Date: July 13, 2011
Taxation Law FAQ - Can I Reduce My Capital Gain
Date: July 13, 2011
Taxation Law FAQ - Can My Foreign-Sourced Income Be Made Tax-Free?
Date: July 13, 2011
Taxation Law FAQ - Continuing to use BAS after partnership has ceased to support my drug habit
Date: July 13, 2011
Taxation Law FAQ - Could I Use Criminal Law To Escape Gaol?
Date: July 13, 2011
Taxation Law FAQ - Directors Loans Subject to Taxation?
Date: July 13, 2011
Taxation Law FAQ - Diverting money from business into Tax Haven. Should I tell the ATO?
Date: July 13, 2011
Taxation Law FAQ - Falling Out With Co-Director, Left The Company
Date: July 13, 2011
Taxation Law FAQ - Has There Been A Change To The ATO's Attitude
Date: July 13, 2011
Taxation Law FAQ - How important are accountants in assisting you with tax problems?
Date: July 13, 2011
Taxation Law FAQ - I have an overseas tax haven which I have never declared, can you help?
Date: July 13, 2011
Taxation Law FAQ - I have been advised to follow the Robert Gerard example, what should I do?
Date: July 13, 2011
Taxation Law FAQ - I Haven't Paid My Tax For 18 Years
Date: July 13, 2011
Taxation Law FAQ - I want to restructure my business as a number of OH&S issues have arisen
Date: July 13, 2011
Taxation Law FAQ - Is It Worth Repaying The ATO?
Date: July 13, 2011
Taxation Law FAQ - I've Restructured My Affairs To Rely On Tax Havens
Date: July 13, 2011
Taxation Law FAQ - Money discovered by Austrac transfered from Tax Havens to Australia
Date: July 13, 2011
Taxation Law FAQ - My Accountant Has Restructured My Financial Affairs
Date: July 13, 2011
Taxation Law FAQ - Partners Haven't Filed Tax Returns
Date: July 13, 2011
Taxation Law FAQ - Receiving funds as a result of incorrectly prepared BAS statements
Date: July 13, 2011
Taxation Law FAQ - Recently advised I owe the ATO money, can you assist me?
Date: July 13, 2011
Taxation Law FAQ - Serious Trouble With The ATO Because Of My Accountant
Date: July 13, 2011
Taxation Law FAQ - Served A Notice By The ATO
Date: July 13, 2011
Taxation Law FAQ - Should I Destroy All My Business Documents?
Date: July 13, 2011
Taxation Law FAQ - Should I never tell my taxation advisors fully what is going on to protect me?
Date: July 13, 2011
Taxation Law FAQ - Should I restructure my assets to make them more tax effective?
Date: July 13, 2011
Taxation Law FAQ - Summonsed By The ATO, Failed To Lodge Returns
Date: July 13, 2011
Taxation Law FAQ - Will A Motor Dealer's Licence Save Me Money?
Date: July 13, 2011
Taxation Law FAQ - Will I Lose My Licence To Practice?
Date: July 13, 2011
Taxation Law FAQ - Will The Accountant's Concession Protect Me?
Date: July 13, 2011
Taxation Law - Personal Services Business Structures
Date: January 13, 2011
Author(s): Frank Egan B.A., LL.B., A.C.L.A., F.T.I.A. (Notary), Scott Gray LPAB, Grad. Dip. Legal Practice
When an individual has derived Personal Services Income (PSI) the income will be taxed at marginal rates unless the individual is deemed to be carrying on a Personal Services Business (PSB). There are four tests to determine whether a PSB exists
Taxation FAQs
Date: March 22, 2008
Author(s): LAC Lawyers