A Victorian man has been sentenced to 4 years and 7 months imprisonment after fraudulently claiming GST refunds.
An ATO audit found no transactions or bank activity consistent with the running of a plumbing business. Instead, it found the man spent the money on various lifestyle items, luxurious accommodation and a Harley Davidson motorcycle.
The ATO said it continues to undertake firm action including debt recovery, as well as criminal investigations for serious offenders.
Beck Partners – Chartered Accountants helps honest business owners to stay off the ATO Radar. Call Alan Beck on 0419 671 602 to find out if Beck Partners – Chartered Accountants can help you.
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