Underreported BAS sales leads to 2.5 years in jail
A Queensland bricklayer will now face two-and-a-half years in jail after an ATO analysis of taxable payments reporting system data helped it uncover nearly $100,000 in tax evasion.
Appearing before the Brisbane District Court last week, Ben Ogden was found to have underreported sales income across four quarterly business activity statements, lodging $85,359 in reported sales despite bank statements revealing deposits of $375,209.
Read more at the Accountants Daily.
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