Rick, a second-year accounting student has charged various friends and acquaintances a $80 fee to prepare their individual income tax returns. 

Matt, an accounting graduate, obtains two free personal training sessions with Arnie, his trainer, in return for preparing Arnie's income tax return.

Nicola conducts business as a contract bookkeeper. She charges her clients a fee for preparing monthly financial accounts. Nicola also prepares their income tax returns but does not charge a fee for this. Nicola advertises in the local paper that her services include income tax advice and preparation.

Avril, a registered tax agent, employs Mike to assist her in preparing her clients' income tax returns. When Mike is hospitalized for three months following a skiing accident, Avril begins to fall behind with her lodgements. To overcome this, Avril subcontracts several of her clients to Dan, a registered tax agent who operates from an adjoining office, and also to Jasmine, a former employee who now operates a bookkeeping service.

For each of the case indicate whether the individuals concerned have committed an offence. Where an offence has been committed, state the relevant section of the Income Tax Administration Act that they have breached.

 

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Please write your workings/explanations and answers in Blue cells Note- Please show all workings where necessary Name Rick Matt Nicola Avril Section of Act Write your answers Please write your workings/explanations and answers in Blue cells Note- Please show all workings where necessary Name Rick Matt Nicola Avril Section of Act Write your answers

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Here is a table outlining whether the individuals in question have committed an offense under the Income Tax Administration Act along with the relevan... View the full answer