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.
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.
