We were recently referred a client who had a Director Penalty Notice problem. They had been one of two directors in a company which hadn’t paid superannuation. Lockdown Director Penalty Notice for superannuation Because they hadn’t paid superannuation or lodged SGC Statements they were automatically liable for the company’s superannuation. The ATO had quantified the […]Read more
There is a certain stigma attached to liquidation and company directors often don’t want their companies to go into liquidation. But liquidation can often be the only option for a company. And sometimes it can also be a good option.Read more
There has been a significant increase in tax debt owed to the ATO due to Covid-19. The following table below sets out what the ATO believes is total collectable tax debt: It is believed that the total collectable tax owed to the ATO will reach around $50 billion at 31 December 2021 being nearly twice […]Read more
If you have a tax debt , you should urgently obtain professional advice and assistance. This will help you avoid ATO recovery action.
We can assist you deal with your tax debt problems. So, please call us for an initial no obligation free consultation.