18 June 2015. Write-offs of GST and PAYE – First leg of 3-year task. $101904.26
After several months of engagement with a family-owned business on the verge of liquidation, we made lengthy and very formal submissions for the remission of penalties and interest charges and tax. This was a situation where the former Chartered Accountant would not deal with and liquidation meant the owner would have been bankrupted as the debt was over $400000.00. liquidation would have collapsed all the associated family companies and would have left the elderly owner more or less on the street. The result of our work was an almost immediate write off of over $100000.00. All in we have saved this business almost $150000.00 with our expertise and skills.