GST Director Penalty Notices
GST Director Penalty Notices

This article has been updated to reflect recent developments with GST Director Penalty Notices. In July 2019, the Federal Government introduced the Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019. The legislation was passed by both house of Parliament on 5 February 2020.  It gives the ATO the power to: Estimate GST payable by a […]

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Update on One Year Bankruptcies
Update on One Year Bankruptcies

Often people with tax debts have no choice other than to go bankrupt. Bankruptcy currently lasts for three years, unless extended by a person’s bankruptcy Trustee. The Federal Government had previously introduced legislation to shorten the period of bankruptcy from three years to one year. The legislation had broad support and it had been recommended […]

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Director Penalty Notice Update
Director Penalty Notice Update

At the moment the only recourse the ATO has if a company fails to pay GST is to take recovery action against the company. This might include issuing a Garnishee Notice or taking action to liquidate the company. However, in February 2019 the Federal Government introduced legislation to make GST subject to director penalty provisions. The intention […]

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ADVICE AND ASSISTANCE

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.

Struggling with Tax Debt?
We can help.  So call us today.

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Fax:  07 3221 8885
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