Henry Kazar

I was recently appointed Bankruptcy Trustee to a matter which had to consider the recent case update to s254 of the Tax Act. Please refer to my previous article for more information Given the recent uncertainty, I obtained a private tax ruling to confirm my requirements as Trustee and whether

In July 2024, I discussed the topic of freezing orders with guest Graeme Blank, a seasoned barrister from Blackburn Chambers. The following is a brief snapshot to assist in understanding this process: By understanding the intricacies of freezing orders, both debtors and creditors can navigate the legal landscape more effectively,

On 4 July 2024, Downes J of the Federal Court of Australia provided a decision in favour of the ATO that contradicts how Bankruptcy Trustees have traditionally treated Capital Gains Tax (CGT) prior to June 2021 in Robson as trustee for the bankrupt estate of Lanning v Commissioner of Taxation

We previously talked about Bankruptcy and Personal Insolvency Agreements. Depending on the circumstances, there are options available under the Bankruptcy Act that are more applicable to you and your individual financial position than you may realise.

Building on our previous insights shared by John Laird, Principal Government Advisory, on June 26, 2023, this article provides a critical update and further elaboration on the Australian Taxation Office (ATO) lodgement amnesty program.