Darren Cartwright, AAPApril 1, 2019 1:43pm Subscriber only
Two Queensland-based construction players were wound up in the Federal Court because they collectively owed the taxman half a million dollars.
The ATO brought an end to A-1 Coastal Constructions (Qld) Pty Ltd and developer Hopeland Homes Pty Ltd in March.
Federal Court documents showed that as of November 8, 2018, Hopeland Homes owed $256,105 to the ATO for unpaid BAS.
A-One Coastal Constructions were placed into liquidation with an outstanding tax bill of $244.258.53 as of November 22, 2018.
The ATO’s attempts to contact the director of Hopeland Homes via registered post, to correct the debt, were unsuccessful.
Cor Cordis have been appointed administrators of Hopeland Homes and will hold a meeting of creditors tomorrow.
Hopeland Homes described itself as a “brand-new boutique” businesses that had partnered with The Vantage Building Group on a multistorey unit block at Mango Hill on its website.
However, The Vantage Building Group operations director Glenn Carmichael vehemently denied any partnership and said they were also owed money by Hopeland Homes.