Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

Taxpayer (and tax agent) slammed on record keeping

Taxpayer (and tax agent) slammed on record keeping The AAT has upheld the application of a 50% penalty to a taxpayer (who claimed to rely entirely on his tax agent) for ‘recklessness’ in claiming deductions that couldn’t be substantiated. Facts In the 2011/12 tax year, in a tax return lodged by his tax agent, the […]