After 17 years spearheading his company Perth Security Services, a snowballing legacy tax debt amid a pandemic-driven downturn threatened to undo Neville Maders lifes work.
Mader had successfully contested a superannuation claim levelled by an employee, but the Australian Taxation Office audit it triggered saw PSS hit with a tax bill of almost $400,000.
The PSS director said he continued putting a substantial amount of money aside and resisted accessing ATOs now-retracted COVID concessions, even amidst the downturn.
But despite his best efforts the debt gathered interest and ball…
Read the full article at: https://www.theage.com.au/national/western-australia/wa-businesses-on-notice-as-tax-office-crackdown-hits-the-courts-20230912-p5e41d.html