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The largest tax scandal in Australia’s history – organised by the ATO

Friday, September 14, 2018

It’s a shock to find that what could be viewed as arguably the greatest tax scandal in Australia’s history was organised by the Australian Taxation Office. The tax revenue loss from high-wealth individuals who should have paid tax is likely in the order of $2 billion, perhaps even more.

The tax losses relate to an ATO tax amnesty called Project Do It which gave massive tax advantages to Australian high-wealth individuals who had hidden $6.5 billion in secret overseas (mostly Swiss) bank accounts. They were tax evaders who were about to be caught.  More...


Give unfair contract laws teeth, says competition boss

Tuesday, September 11, 2018

We’re most pleased to see the head of the Australian Consumer and Competition Council (ACCC), Rod Sims, call for the unfair contract laws to be given ‘teeth’.  Good on you, Rod. We back you on this one!

The unfair contract laws for small business passed parliament in late 2015. We called the laws ‘A welcome disruption to the economy.’ The passing of the laws was the end of a seven-year campaign by us battling the big end of town. Here’s the history of our campaign. We nearly didn’t succeed, as the dollar limit on contracts was to be set so low as to neuter the laws. But the Senate came to the rescue and amended the laws.  More...


We praise a bank. That’s very incorrect of us these days!!

Thursday, August 30, 2018

Ooops! I praised one of Australia’s banks while on a speaker’s panel last week at the Global Business Banking Summit in Sydney. Given all the heat coming on the banks from the Royal Commission maybe I should have been more cautious?

I was on the panel with Small Business Ombudsman Kate Carnell and economist Stephen Koukoulas discussing banks and small business lending. The room was full of bankers. More...


The gig economy is exploitation by an evil empire. Discuss!

Wednesday, August 22, 2018

The supposed ‘rise’ of the ‘gig’ economy is causing much debate on whether its impacts are good or evil for society. There’s much confusion.

The author of a new book, Gigged: The End of the Job and the Future of Work, was interviewed on the USA Public Broadcasting Service (PBS) this week where the social issues were discussed. The four-minute interview can be seen here.  More...


We oppose a draconian expansion of the ATO’s already draconian powers

Thursday, August 16, 2018

A proposed new law would effectively empower the Australian Taxation Office (ATO) to bankrupt a business overnight where the ATO held an unproven view that PAYG tax was owed.

The law denies normal access to justice and the truth. It represents a scary step in a progressive crushing of the rule of law in Australia under the excuse of tax collection. We’ve made a submission opposing the BillMore...


Making sure you get paid on time

Sunday, July 29, 2018

Here’s an easy question! What’s the most important thing in business? Answer: Collecting the money you are owed!!! Simple answer, hey, but something too many small business people don’t follow.

Having systems for prompt small business payments is a priority campaign for us. See here and hereMore...


Official government report confirms ATO has big problems

Sunday, July 22, 2018

The ATO has suffered another major hit to its reputation, this time (and again) from an official government investigation.

You may remember that following the Four Corners show ‘Mongrel Bunch of Bastards’ which exposed ATO abuse of small business people, the Minister, Kelly O’Dwyer, ordered a Treasury inquiry. Both the Small Business Ombudsman and the Inspector-General of Taxation (IGT)  were asked to participate.  More...


Self-employed tax benefits, but beware ATO traps

Thursday, July 12, 2018

Oh dear. Time to start organising information for your accountant for your 2018 tax return. Yes, it’s a drag but it’s gotta be done.

And to make sure you only pay the tax you’re legally required to pay, there are around 14-or-so specific self-employed, small business tax breaks you should check out.

We’ve put together a list from information provided by the Board of Taxation and the Australian Taxation Office. We’ve ‘de-cluttered’ their explanations. (They use too much tax-speak!) Our list is hereMore...


Please, Mr Tax Commissioner, get your facts straight!

Wednesday, June 20, 2018

In all our commentary on the Australian Taxation Office, not once have we personalised our criticisms.

Yes, we have said that the Tax Commissioner is a Tax Dictator. But that is a statement of legal fact. All tax power by statute is vested in the Tax Commissioner. And those powers make the Commissioner effectively policeperson, prosecutor, judge, jury and financial hangman. That is, the powers of the office holder of the Tax Commissioner are the powers of a dictator! Here’s what the Tax Commissioner can do to youMore...


We’re not mongrels and we don’t cook people, says ATO boss

Thursday, May 31, 2018

Yesterday morning the head of the Australian Taxation Office, Mr Chris Jordan, denied that the ATO were a ‘mongrel bunch of bastards’. (See ABC report here.)

Mr Jordan was making a presentation to a Senate Estimates hearing and responding to the Four Corners show on 9 April ‘Mongrel Bunch of Bastards’.

Mr Jordan also rejected our comments in the show that the ATO “cooked people slowly, until you are roasted and you are dead”. Mr Jordan said: “People at the ATO do not get up in the morning thinking who can I destroy or boil to death.” More...



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