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ATO Penalties

Discussion in 'Accounting & Tax' started by Paul@PFI, 25th Jun, 2015.

  1. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,358
    Location:
    Sydney
    I have found a issue with the ATO internal systems allowing a simple path for some objections to penalties being imposed. This then flows through to SIC as a consequence. I don't want to publically share it but happy if any taxpayer is smacked with a penalty decision to explain the issue. Important and key issue for anyone EXPECTING a penalty is to have a tax agent with access to the Tax Agent Portal to assist proving the issue.

    Any tax advisers wanting to know the issue direct email me. No ATO enquiries please.;)
     
  2. EN710

    EN710 Well-Known Member

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    18th Jun, 2015
    Posts:
    2,095
    Location:
    NSW
    I assume your clients would not have this problem :D
     
  3. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,358
    Location:
    Sydney
    Clients can seek help for problems that exist before they come to me.