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The Taxman is watching --Sundary Herald Sun what the taxman knows about you : 1. your PAYG summary 2. Centrelink payment received 3. your private health fund details 4. Bank account interest earned 5. Any share dividends you received 6. any payment from managed super funds 7. any payments from property trust WHAT THE TAXMAN IS WATCHING FOR: 1. If you sold a rental property this year 2. if you bought and sold shares 3. if you received shares as part of your salary 4. if you bought a lusury car your income doesn't justify 5. if you claimed large donations to charity Taxpayers trying to hide income maybe in for a shock after the Australia Taxation Office rolls out its new wideranging surveillance regimen. Records from stock exchanges, land title offices, real estate listing sites, luxury car dealers and VIc ROADS ARE EXCEPTED TO EXPOSE HUNDREDS OF MILLIONS OF DOLLARS IN TAX FRAUD. |
