Retired small business owners granted more than $85,000 tax relief in dispute with the ATO – SmartCompany.com.au
The Administrative Appeals Tribunal (AAT) has overturned the Australian Taxation Offices (ATO) decision to pursue $106,576 in tax debts from the former owners of a family freight and transport business. Garry and Glenda Smith, a married couple in their 70s, operated a small interstate transport and freight business in Benalla, Victoria prior to their retirement.…