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Taxpayer granted full release of $130k tax debt on serious hardship grounds

The Administrative Appeals Tribunal has set aside an earlier decision by the ATO to not grant Dallas Cox a release of his taxation debt.

Taxpayer granted full release of $130k tax debt on serious hardship grounds
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Taxpayer granted full release of $130k tax debt on serious hardship grounds

Mr Cox, who was previously a subcontractor in the building industry and was currently receiving the Newstart Allowance, had accumulated $134,302 in income tax debts since 2001.

Read more at the Accountants Daily.

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