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ATO Community

Re: Tax incentives

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I'm new

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Replies 2

Have had someone from National Wealth contact gathering information and requesting meeting in relation to saving tax. Stated this is an ATO program. Please confirm.

1 ACCEPTED SOLUTION

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Most helpful response

Community Manager

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Hi @AnnS,

 

It is not an ATO program.

 

Thanks

 

KylieS

2 REPLIES 2
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Taxicorn

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@AnneS 

 

No, it is a scam.

 

Basically, they will sell you a worthless piece of real estate and then based on deductions available to you get you to do a withholding variation to pay less tax based on the assumption of these investment property deductions.

 

 

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Most helpful response

Community Manager

Replies 0

Hi @AnnS,

 

It is not an ATO program.

 

Thanks

 

KylieS