ATO issues warning about false invoicing arrangements

May 6, 2024 | Robyn Bull

The Serious Financial Crime Taskforce (‘SFCT’) is warning businesses about using illegal financial arrangements such as ‘false invoicing’ to cheat the tax and super systems.

False invoicing arrangements may consist of the following:

The SFCT is warning businesses against using these types of arrangements, and that they “will get caught and face the full force of the law.”