A new client came to our firm after not lodging his tax returns for the previous
12 years. He couldn’t find all the necessary paperwork relating to each year,
particularly the older years. We were able to retrieve some of these records
from previous employers and other sources. We could then complete these
overdue returns. Initially the ATO charged the client some significant penalties
and interest. We were able to negotiate these penalties with the ATO on
behalf of the client. On this occasion, we managed to have the full $90K of
penalties waived..