It's alleged that considerable refunds were paid to the assumed TA's bank accounts who subsequently transferred the anticipated refund to the citizen. The tax office retains the taxpayer liable for the whole quantity of the funds reimbursed and contains disallowed all tax deductions maintained from the taxpayer's 2007, 2008, and 2009 income tax returns. The taxpayer obtained about half this sum in refunds.
The tax agents ready the yields using the ATO digital self lodgement providers and advised the customer of his anticipated refund. Unfortunately, a number of the deductions claimed were illegitimate at this time and inflated the true paychecks. If you are looking for authorised LLC agent service then you can search over the internet.
Then he added additional claims inflating the refund and had the paychecks deposited into a bank account that he controlled. On receipt of the refund that he offered to his customer the sum he'd anticipated initially and kept the equilibrium, a few thousand dollars every year, because of him.
Image Source: Google
It's my perception there are lots of other people who were duped this manner. The Authorities are looking for the alleged fraudster and if captured I hope he's found to possess all of the documents he retained out of his customer's tax issues or they'll be permanently out of pocket for several valid claims.
Australia includes a self-evaluation taxation system. Nothing is assessed until sometime after the refunds have issued and primarily only since the yields are substantially different to other people in precisely the same sector or job.
It seems to be the Tax Office position that taxpayers must affirm the TA is correctly enrolled and this is sometimes carried out by a simple investigation of enrolled Tax Agents throughout the Australian Tax Office (ATO) website. This place is nice in theory but in real life hardly any people would assess the status of an individual holding out to be an authorized Agent unless there are reasons to suspect otherwise.