Comments on: Urgent note - Default assessment letters being sent to non-lodgers http://www.quinns.com.au/blog/2011/12/21/urgent-note-default-assessment-letters-being-sent-to-non-lodgers/ Thu, 17 May 2012 14:56:30 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Default assessments for non-lodgers to issue soon : : The Quinn Group Blog http://www.quinns.com.au/blog/2011/12/21/urgent-note-default-assessment-letters-being-sent-to-non-lodgers/comment-page-1/#comment-2346 Default assessments for non-lodgers to issue soon : : The Quinn Group Blog Tue, 07 Feb 2012 21:49:53 +0000 http://www.quinns.com.au/blog/?p=1651#comment-2346 [...] warning’. If the overdue returns were not lodged by 3 February 2012, the ATO will issue default assessments for these taxpayers based on the estimated taxable income included in the [...] [...] warning’. If the overdue returns were not lodged by 3 February 2012, the ATO will issue default assessments for these taxpayers based on the estimated taxable income included in the [...]

]]> By: john lansell http://www.quinns.com.au/blog/2011/12/21/urgent-note-default-assessment-letters-being-sent-to-non-lodgers/comment-page-1/#comment-2168 john lansell Wed, 21 Dec 2011 05:43:55 +0000 http://www.quinns.com.au/blog/?p=1651#comment-2168 G'day When I was in the joint, I remember prosecuting a well known "racing" solicitor for non lodgement. When I raised the section 167 assessment, he decided to lodge. I knew of this chaps "antics'' and his assets by our several dinners and long lunches. I asked him why he was going to lodge as it might be in his interests to let the default assessment stand. No, he demanded to lodge and so he did. This resulted in a debit amendment and more than doubled his taxable income for the year. We, the Tax office, knew nothing about this other income and in all probability would never have known. From memory, this happened again in the following year. J J G’day
When I was in the joint, I remember prosecuting a well known “racing” solicitor for non lodgement.

When I raised the section 167 assessment, he decided to lodge. I knew of this chaps “antics” and his assets by our several dinners and long lunches. I asked him why he was going to lodge as it might be in his interests to let the default assessment stand. No, he demanded to lodge and so he did.

This resulted in a debit amendment and more than doubled his taxable income for the year. We, the Tax office, knew nothing about this other income and in all probability would never have known. From memory, this happened again in the following year.
J

J

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