On 28 August 2019, the Australian Small Business and Family Enterprise Ombudsman: Kate Carnell put out a media release saying she is concerned by reports the government (the ATO) has clawed back $200 million, in the 2018 financial year, from businesses who have claimed the R&D Tax Incentive and has been investigating the impact of the ATO’s policy and enforcement practices on small businesses. Kate Carnell had previously reached a different conclusion to the IGT on the ATO’s garnishee practices (see related Tax Technical article).

See below for further details.

FJM 28.8.19

[Tax Month – August 2019]

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