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That's the reality of our tax system. Bear in mind also, that the ATO gets it wrong quite often. ATO is full of good people I'm sure, but whilst the letter of the law may say one thing, there may be a policy position driven by protecting the revenue base which means the ATO will argue the...

Remember this is the Tax Office we're talking about. You need a request in triplicate to go to the bathroom...so don't expect a prompt reply. In fact the Tax Inspector General recently slammed the ATO (again) for being slow and non-responsive... Big (and rusty) wheels turn slowly...I'm sure...

Alex there's just no commercial rationale to borrow at 7% to on-lend at 5% which the ATO could accept (in fact from vaguest memory there is a case about this very tactic where the taxpayer got rightly slaughtered). Just extemporising here, but what about a PIK Loan, i.e. where interest...

Julia your free booklets are a great free resource and it is very generous of you to provide them to all and sundry. But things like your rental property salary packaging kit are not free (which is entirely appropriate and the price looks very reasonable to me...). No doubt you charge for that...

Well of course they do Julia... but usually people pay money for advice about the drafting and legal effect of documents...you see there's these guys and girls - let's call them "law talking types" that have the temerity to charge people for preparation of legal documents...:eek: Almost as...