Bogus invoices with Bunnings ABN

Warning: Always check you invoice for the correct ABN. I’ve been listening the Sky News and I cam across this story about tradies writing bogus invoices with Bunnings ABN. Basically they charge you the extra 10% for GST but pocket it and leave no trail for the ATO to receive the tax.

My main concern is what happens to you if you claim the expense with the bogus ABN. Note that this is a hot topic for the ATO this year. Be warned.