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Taskforce action on false invoicing arrangements
Posted by Team AVS on 17 Apr, 2024 0 CommentsThe Serious Financial Crime Taskforce is targeting false invoicing and other illegal financial arrangements.
Businesses involved in illegal false invoicing arrangements
The Serious Financial Crime Taskforce (SFCT) is warning businesses about using illegal financial arrangements such as false invoicing to cheat the tax and super system.
What is false invoicing?
False invoicing arrangements involve issuing invoices where no goods or s
Some users of electric vehicles (EVs) are faced with the challenge of calculating electricity costs incurred when charging their electric vehicles at home. This applies to employers providing EVs to staff for personal use, or employees who incur work-related car expenses.
To address this, the ATO have issued a new guideline to help calculate the cost of electricity when an EV is charged at home.
The guideline provides a shortcut method to d
To address this, the ATO have issued a new guideline to help calculate the cost of electricity when an EV is charged at home.
The guideline provides a shortcut method to d