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Thousands of tradesmen are abstention advantageous tax by putting Bunnings’ ABN on their invoices instead of their own.

The less betray is costing taxpayers hundreds of millions of dollars in absent acquirement because the Australian Tax Office can’t clue the money.

Fraud was so aing in some areas than 40 per cent of ABNs quoted in the Northern Territory belonged to the accouterments chain.

Thousands of tradesmen are abstention advantageous tax by putting Bunnings’ ABN on their invoices instead of their own

Michael Andrew, arch of Treasury’s atramentous abridgement taskforce, told The Australian the arrangement was abrasive the ABN arrangement so abundant it was ‘not working’. 

Tras affected Bunnings’ ABN back they shopped there and put it on invoices with their own aggregation name.

‘The aftereffect of which (is) you can’t trace again area the money absolutely went,’ Mr Andrew said. 

Bunnings did not acknowledge to requests for comment, and it wasn’t bright if it was annoyed as a aftereffect of the betray or by how much.

Mr Andrew believed the ABN arrangement was in crisis with

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