Australia's largest stock trading and investment forum Australia's #1 stock forum

I do not know the answer but in all honestly I would seek...

First 2 Last

Share
Profile

Follow
mojohand

4,600 Posts.

12

30/11/16

08:58

Post #: 20982974
Share

Originally posted by Piste Skier ↑

Hi,

I am unsure if HC is the right place to post this question - but perhaps there is someone with similar experience who can help.

My son has a failed business (all his own handiwork) which has left him with a substantial debt to the ATO, comprising an unpaid Income Tax debt and an unpaid GST debt.

He potentially faces the prospect of voluntary bankruptcy in order to start again.

Does anyone know whether the unpaid GST debt is discharged by voluntary bankruptcy. It seems to be unclear.

Thanks in advance for any assistance.

Expand

I do not know the answer but in all honestly I would seek appropriate paid advice.
2 Upvote

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 47, 2024

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 4 more messages in this thread...

First 2 Last