BSRJ and Commissioner of Taxation (Taxation) [2021] AATA 333

TAXATION – GOODS AND SERVICES TAX (GST) – attribution of input tax credits – discretion to treat document as tax invoice – failure to account for increasing adjustment – decisions affirmed

TAXATION – ADMINISTRATIVE PENALTIES – base penalty amount – increase in base penalty amount – remission of administrative penalty – relevance of taxpayer engaging accountants to prepare returns – relevance of conduct in other tax periods – where taxpayer overpaid in some tax periods and underpaid in others – relevance of taxpayer’s net position across the tax periods – decisions set aside – penalties partly remitted

Full decision here.