See it all the time at work Dezz. A lot of rich clients get away with a lot of dodgey shit because the accounting companies are afraid to say no otherwise they might lose the client.
A phone call Kris lol You dodgey Kent
ATO systems are slow to catch out peoples errors but they will catch you lol
ATO systems are getting bigger so there pulling alot of info from institutions on individuals and then data matching.
No one is safe
Depends how early you did your tax return. Banks take a little while to update the ATO letter.
Yeah you don't need to do anything. In a few weeks you'll get a notice of amended assessment and it will tell you how much extra you need to pay.
Dezz ATO prefil is your friend. Use it and you won't have this problem in the future.
Kris give the bank your TFN so they don't withhold. Better you make money off the tax withholding then the banks.
Grad accountant who I extended the probation period for has spent 1/2 and hour trying to open a file but couldn't and is asking me why.
All she need to do was to unzip and extract the file