ATO cracks down on companies and individuals

Almost 500 companies and individuals were convicted in the September quarter for taxation and superannuation offences, an increase of 20%, and 12 people were sentenced to jail, for a maximum of five years.

According to the Australian Taxation Office, there were 478 prosecutions for taxation and super offences over the three months to September 30. This is well up on the previous corresponding quarter's number of 398.

The 356 people and 122 companies were prosecuted for a variety of offences, including non-lodgement of forms and receiving a fee for preparing an income tax return on behalf of a taxpayer while not being a registered tax agent, the ATO said.

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