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Thanks for the link dwyerfam. I believe the Sunday Mail article was focusing on the following from the AAT ruling: 44. The Commissioner relies on this authority to submit that once an amount of money is deposited into an account that already contains funds the account becomes a mixed pool...

I believe the Julia Hartman who writes for the Sunday Mail is a member of Somersoft. http://www.somersoft.com/forums/member.php?u=3634 Hopefully she might be able to shed some light directly on this potentially troubling ruling. Regards

The article in question is by Julia Hartman of bantacs accountants and refers to a recent AAT case - Domjan and Commissioner of Taxation 2004. It looks like it has serious ramifications for anyone who channels borrowed funds through a personal cheque account as opposed to using a bank cheque...