- ATO issues alert on fraudulent GST refund schemes
- Businesses warned against creating fake invoices for GST refunds
- Alert issued on 29 July 2025
- Fraud mainly in property and construction industry
- Increasing signs in other industries, especially wealthy groups
- Common features include false invoicing, misaligned GST methods, duplicate claims, false purchase claims, and use of straw directors
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- EU-Australia Free Trade Deal Boosts Exports, Faces Criticism Over Agricultural Quotas and Protections
- EU and Australia strengthen relations with Trade Agreement
- Geocon confirmed: When excess GST is refundable under Division 142 of the GST Act
- Customs valuation obligations in related party transactions
- ATO Releases 2026 Supplementary Annual GST Return for Top 100 and 1,000 Taxpayers
