
We all hear it from a friend saying it's ok we do XXX.
Now don't be stupid you may save a few $$$ in tax big deal.
Compared to jail / or a large fine its not worth it. Never do anything so stupid. Always play by the TAX rules.
Assume the ATO will look at your books / Bank accounts everything.
Never , never Lie. They will get you. Is it worth it no.
Simple solution get a better accountant and get educated.
PS please don't email me with your ideas and ask me to keep it quite. If you can't tell the world then I would be getting worried.