Umbrella Property Accountants

Property Insights

Property Flipper Jail Time for Tax Fraud

Recently the ATO has publicly advised of a number of instances whereby property developers were jailed for GST and tax payable on property flipping.One, in particular, involved a Victoria woman who has been jailed for 2 years and 10 months for GST fraud of $1.7 million.The women in question Ms

14 December 2019

Jail for Property Developer, after $3.4m GST Fraud

A luxury property developer who caused a loss of $3.4 million to the Commonwealth through GST fraud has been sentenced to six years’ jail after an ATO investigation. Mr Ensor’s conviction came after an ATO investigation found he had structured his companies to fraudulently obtain GST credits and failed to

29 January 2019