tax debt

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  1. K

    NSW Can Former Bankrupt be an Executor of a Deceased Estate?

    I would like to know if a former bankrupt can be an Executor of a Deceased Estate. My older male sibling claimed some years back that he had become a bankrupt due to a messy separation with his now ex de facto wife. He is now an Executor of a deceased estate, our late mother's deceased...
  2. D

    QLD Other Options to Paying Off Tax Debt?

    To pay off a tax debt, I have offered to sign over my superannuation from my time in the Defence Force over 20 years ago. Why is it they wouldn't accept this, as I have no savings or assets? My alternative seems to be to apply for Bankruptcy which I don't want to do. Any ideas please
  3. O

    NSW Am I Personally Responsible for Company's GST Tax Debt?

    I have been in bankruptcy for 2 years now. My trustee is very hard to deal with. They either don't answer questions or take months to do anything. I was a director of a company which was liquidated but I had to go bankrupt because of personal guarantees. There was a company GST tax debt. Am I...
  4. N

    QLD Can Debt be Waived Due to Bankruptcy?

    In January this year I declared bankruptcy. September this year, after my partner and I broke up, I applied for FTB and the ATO must of reassessed my income for financial year ending 2015. I received a tax debt of $1500. Obviously this debt was not known at my time of filing for bankruptcy and...
  5. M

    QLD Filing for Bankruptcy - Discharged of GST Debt?

    Hi, My business failed a while back and I am left with substantial debts to the ATO comprised of Income Tax debt including penalties and interest, and substantial GST debts arising from my sole trader status. These debts arose from my own failure and poor compliance which I am now working hard...
  6. M

    NSW ATO Refused Proposed Tax Payment Plan - What to Do?

    Hi, I have a tax debt due to not lodging my tax return for years and ended up with $200, 000 tax debt for 10 years. 140, 000 tax and the rest of the interests and penalties. I proposed to the tax office to pay $ 30, 000 upfront and $3000 per month. My income before tax $130, 000/year. I have...
  7. J

    QLD Possible to Contest Tax Debt?

    Hi I have a tax debt with the ATO and now living in the UK. The tax letter was sent to an old address and I never received the letter to dispute it, and now the time has lapsed and I have been issued with the debt and interest. Is there any way to contest this due to not receiving the...
  8. M

    VIC Are Previous Company Directors Liable for Tax Debt?

    Hi. I was a director of a company with my business partner in 2013/14 financial year. I resigned as one of the company directors as of December 2014. My business partner was taking over the business and is now the sole director. There is a tax liability owing from 2013/14 which was not known...
  9. B

    NSW Ex's Business Debt and Tax Debt - Am I Responsible?

    Can somebody inform me if I am responsible for my ex-husbands business debts. I am not connected to the business, and he was a sole trader. The houses have been sold and property settlement is to occur. He has a large tax debt that I am apparently responsible for, as well as a large amount of...