Thread: 'Rona Super Cashout Auto Investment Competition
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Old 23-07-2020, 01:54 PM   #26
Bossxr8
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Default Re: 'Rona Super Cashout Auto Investment Competition
Quote:
Originally Posted by Poetic Justice View Post
Reading FAQs on the ATO website about it and the scenarios they play out, you'd have to have blatantly done it and also subsequently ignored a direct warning about it to be penalised $12k.

https://www.ato.gov.au/Individuals/S...nd-compliance/
Wouldn't put it past some people.
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