Day and Commissioner of Taxation (Taxation and business) [2026] ARTA 608 | Case summary

The Applicant's taxable income for the financial year ended 30 June 2016, is $65,792.00.
The Applicant's taxable income for the financial year ended 30 June 2017, is $51,726.00.
The Applicant's taxable income for the financial year ended 30 June 2018, is $119,293.00.
The Applicant's taxable income for the financial year ended 30 June 2019, is $31,377.28.
The Applicant's taxable income for the financial year ended 30 June 2020, is $408,321.50.
The penalty assessments for each of the financial years ended 30 June 2016, 30 June 2017, 30 June 2018, 30 June 2019, and 30 June 2020, are reduced to nil.
In respect of the financial years ended 30 June 2019 and 30 June 2020, the penalties that have been imposed twice, on 16 August 2021, under s.284-90(1) item 2 Taxation Administration Act 1953 (Cth), for "recklessness", and on 13 September 2021, under s.284-90(1) item 1 Taxation Administration Act 1953 (Cth) for "intentional disregard", as recorded in the Respondent's Account Statement as at 14 February 2025, the penalties are to be remitted in full.

Day and Commissioner of Taxation (Taxation and business) [2026] ARTA 608 (17 April 2026)