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05 Mar 10 On ATO "systems" (new or old?)

MEMBER 31 writes:

"Two married primary producers each generated a $70k business loss in 2008/09. They have now received a payment demand from Centrelink because with a combined income of $140k they have exceeded the threshold for their FTB. Centrelink refuses to amend the demand because they assert that the info provided by the ATO is a taxable income of $140k. Is this a consequence of the new ATO systems? Have the boffins developed a system that transmogrifies a loss into a profit?

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