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Actually theyre sending invalid notice of assessments, saying you owe money and you should of paid it BEFORE the assessment was generated.

As an individual sole trader who always has a $1000.00 payable when I do my tax I wait until debt is due then pay the debt off over 6 months. During this time i sit the money in an offset account and pay less interest better in my account than the ATO

Dont Pay Tax, Dont Use Fiat Currency, Learn about Crypto Currencies and avoid all this crap by the illegal Family owned NON governmental business called the Ato.

lets be honest most people are abusing the system buying expensives luxury cars they dont actually need for their business

" You will eats zee bugs, own NOTHING and be happy". There's no getting ahead in Aus unless you are a grubberment figure or in their club!

Easy resolution: EVERYONE CANCEL INSURANCE & watch insurances beg Gov to remove. When there is an action, there is a reaction 😮

I have been informed of this by my accountant. Good idea to get audit insurance. It's cheap . Audits can get expensive.

IS thr CGT exempt even your fund balance is above 3 mil?

GREAT 🎉

taxes are needed .. but Australia is on another level nothing is off-limits in Australia and they charge taxes on taxes. example you pay tax for roads then you pay tax to use them rego's tolls fines..

Well they can try. I don’t have insurance.

Everyone will start to hide their money..in back yard simple

How can they?its private...

Oh the rich full of shit businesses might have to get honest. Its about time

ATO should investigate how governments Rob people through taxation.

Australian Theft Office phuck em 🤬

What happens if the test person passes away please?

I am a x veteran, one the pension with no assets. Legal aid would not provide me with service because I had a 2007 Toyota landcrusier.

You will own nothing and you will be unhappy

This relentless intrusion is the very reason that we should reject digital ids.

It is becoming obvious that the ato are a terrorist organisation

The ATO is an overreach of power, those criminals will force companies offshore and use smarter ways of hiding income!

So the ATO makes its own laws when it wants ? What part of what book says its law to pay tax in the first place .

Tax is a temporary and voluntary contribution by the people during wartime to finance said war!! Why do you think Australia keeps getting involved in wars like Ukraine that we should have nothing to do with?? The ato isn’t even a lawful organisation! Even if it was lawful and did have the power to collect tax, it shouldn’t need to because Australia has so much natural resources income that no Australian need to pay tax to keep us in the black. So this raises the question, where is all the money going??? If anyone should be investigated it isn’t the people, it’s the ato itself and the govco crooks behind it.

Great video. You actually answered every question I had in my mind. Wow.

Just aswell none of my cars the ato knows about.. according to them i have 1 car.. 😂😂

It's for this, imagine a guy on$55 k a year. Yet registers a $350k car. It becomes questionable..

I just want good roads that lead to my closest airport so I can leave this country.

why am i here. i dont own anything lol

So dumb. The ATO can’t manage the volume of enquiries this will produce? My partner now has a 90k car in her name, we live together with children, we’re unmarried but clearly defacto. She works part time and so she’ll be deemed as having earnings that don’t match the asset. Yet I helped pay for the car. I contributed more than half the money to buy the car. So she gets please explains from the ATO? How common would my story be? As I said if the ATO have this amount of resources why don’t they spend it on the criminal money launderers who earn millions a year and don’t pay tax.

Again they spend so much time attacking the little guys who by and large do the right thing and if they do anything questionable it’s a few grand here and there, and all the multi million dollar money launderer criminals get off scot free because they anonymise and hide everything.

They should have been doing this already.

Payroll tax,fbt, provisional all Australian tax peculiarity. At least we don't have inheritance tax at the moment.

What do you class someone who does earth moving? Psi or not? All you’re doing is using your skills to operate machinery to make money. You’re not selling anything physical.

own nothing and be happy the end game....

Unreal. This level of legislative overview needs to slow down lest they destroy the economy.

BS BS BS taxes are voluntary, agencies such as the ATO do not exist, and Australia is just a corporation.7 Apr 2024 This ☝️ is from Google If you really want to DISCHARGE taxes. Do a bill of exchange on it (endorse it) and send it back. I discharged $15,000

Just want to say I enjoy learning from your advice .do you have or take clients from adelaide?

Next step, real estate. For example 35 year old plumber on 120k building a 2 million dollar house on a 2 million dollar piece of land 🤷‍♂️

Attacking the middle class yet again! Using our tax dollars to now spy on us....

To add your an out right profiteering scum pushing on the Australian peoples problems just go away you click bait a hole

What a rort land tax now this what a disgrace and out right disgusting

You are a total fucktard m8 you bleed off information so you can profit like I said your a fucktard lowest of the low you either give truthful information to Australian's for free or just squim back under your rock you are part of the problem so go FFFF OFF

This list with values must have been made a few years ago. The dollar has dropped lowering its international buying power causing huge increases in prices in Australia The average new car is well over $65,000 today. New aircraft $150,000, try $10 million to $90 million. This is just a tax grab to pay for nuclear submarines. In 2014 the Australian Dollar was worth 34.45 That Baht. In 2014 the Australian Dollar is worth 22.59 Baht. As many of our cars are imported from Thailand we are paying at least 30% more and usually 50% more. The tax man needs money to pay Three Hundred and Sixty-eight Thousand Million Dollars for three nuclear powered submarines that we may never receive.

Income tax on individuals labour and personal service is immoral and against natural law because it is enforced by threat and exercise of violence against the person. I.e. defacto theft by extortion

They have done sweet FA data matching with AMPOL , Thex pay ZERO tax.

I had never had anything to do with my husbands business but just knew we seemed to keep paying tax and my gut feeling was his Tax agent but he was trusting and I didn’t understand anything about business I raised the kids he did the finance, it was not anything other than I just didn’t understand anything. Last year my husband passed away suddenly and I was lost but since then I haven’t a clue and rang the accountant who said he hadn’t spoken to my husband in ages and didn’t know anything even thought we used him for over 20 years and wouldn’t tell me anything so I got a new accountant who he wouldn’t give details to either. To sum it up I can’t find money but have found audit papers with my signature forged on them and I am not certain if my husbands signature is his and well practiced or also forged as there is something not quiet right. But all I do is keep paying the ATO and I don’t earn hardly anything anymore and have never received any assistance from them either. I’m so over all this.

I don't see problems on that, too many Australian defrauding the system making it worse to those who cannot afford much and truly need financial help. Last month or so in Melbourne IIRC a dude had thousands worth of car and motorcycle all thanks to defrauding Centrelink. I find it funny people mentioning about their data, 99% of those people use credit card for everything so the bank knows everything they do, where they go and what they buy; 99% of those people share everything about their lives on social media... Go figures hahaha

Look when they had the Royal Commission into our banks, every major bank was guilty of fraud on many levels, theft of peoples money, yet not one CEO got charged or jailed! They were protected by politicians.

That idiot of a Minister Bowen just gave fifty million dollars away to climate change elitists, it’s our money FFS, shouldn’t we have a say in such a huge amount. Bowen is an absolute Flog who has failed at every project he’s been given, that fifty million dollars that could have gone to our hospitals or education for our children. Why do these political turds treat our taxpayers money like their own to spend?