--- In otmushrooms@..., nick4mony <no_reply@...> wrote:
> That's right. I don't think anyone has received pay summaries for July
> 2007 as the current "management" says they dont have the records - that
> the administrators do - and the administrators say it's not for them to
> do - or something like that.


I think the ATO needs to point a gun at these guys (at times like this
you admire the IRS's style). At best they are being cheeky.

My information tells me that the records were in good order, and in
addition to this Payment Summary debacle, they've misinterpreted the
information on various occasions.

I can say, for the OpenTel case that Group Certificates were issued by
the administrators for the period before they took control (but those
administrators screwed up by not sending any ETP forms, which caused
quite a bit of grief on my tax return).

Antony, what was the situation at Swish, with Group Certificates?

I'm also going to ask the Commander mushrooms (
http://forums.whirlpool.net.au/forum-replies.cfm?t=1031035 ) about
their summaries.


> My accountant said I could "legitimately forget" that bit of income and
> if the payment summary turned up some time later I could "remember
> without penalty", but I chose to declare it anyway using my pay slip as
> a reference.

That is really woeful.

The most likely result is that it will take a while for a person to
get a new job, so in the financial year they'll earn less than normal.
The PAYG tax should be about even when you're employed fully through
the year, therefore it will be TOO MUCH when put against the reduced
income in the year.

If you declare it, you'll most likely get a refund: the excess of the
PAYG tax over & above the tax on the extra declared income.

I'm also sure the ATO will pick up on the mismatch in a millisecond,
and start hounding you about it.

Anyone actually thinking of taking that accountant's advice had better
get their own advisor to issue a written statement of that advice.

> ===== Second person =====
> have you already contacted
> them about it?

No, but I'll certainly send JS a form-letter (email). So if the ATO
asks, I can say I did ask them. And it gives me one more excuse to
hassle JS.

> ... fill out a stat
> dec stating this fact and estimating the tax withheld by Mobilesoft
> prior to the appointment of the administrators.

No need to estimate: the payslip has the exact figure.


I can understand administrators might have difficulties if they had to
take over from a plain lazy or rogue director who never kept proper
records, but these cases (Mobilesoft & OpenTel) are fairly clean-cut,
and there should be no excuses.

To be perfectly frank, getting the right payment summaries and ETP
certificates should be as easy/consistent as getting a McDonalds
burger. There's no particular science to it, unless the records are
bad. There's 275 companies a week that go under, so it SHOULD be a
well-oiled procedure for the insolvency industry.

(oh I nearly forgot, though, Deloitte did send out a bunch of empty
envelopes, so am I being too optimistic?)

((why aren't Silvers [the circus people] employing these characters???))

Nick Bishop.
"Everything that could be invented, has been invented"
-- Charles H. Duell, Commissioner US Patent office, 1899.