*Re Cameron and FCT – PAYG credit claims disallowed [17]
The AAT has affirmed the Commissioner’s decision refusing a taxpayer’s PAYG credit claims made in his 2011 and 2012 income tax returns. The taxpayer was a director and shareholder of a company, which was wound up in March 2012. In his 2011 and 2012 tax returns, the taxpayer claimed PAYG credits for amounts (around $91,000) he said…