Shaw and Commissioner of Taxation (Taxation) [2022] AATA 343

TAXATION – application for release from taxation liability – all of the Applicant’s unpaid taxation liabilities eligible for release – Taxation Administration Act 1953 (Cth) – sch 1 s 340-5 – meaning of phrase “serious hardship” – income/outgoing test – assets/liabilities test – other relevant factors – whether to exercise discretion to grant release from taxation liabilities – Reviewable Decision set aside and substituted with the decision that Mr Shaw is granted a partial release of his eligible taxation debt, with the amount released being the General Interest Charges that have accrued as at the date of this decision

Full decision here