Month: September 2022

Does Bankruptcy clear Tax Debt in Australia

Does Bankruptcy clear Tax Debt in Australia? While entering bankruptcy can be difficult, it’s also important to consider what would happen if you still owe Centrelink or the ATO money after filing for bankruptcy. Most of your financial debts, including tax debts, can be erased when you are declared bankrupt. You may still have some tax-related obligations, just like you

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