PCG 2018/4 (update) – LPR’s personal liability if estate assets distributed with notice of ATO claim

On 10 April 2024, the Commissioner updated his¬†Practical Compliance Guideline PCG 2018/4, to make it apply to ‘less complex estates’; expand the size of such Estate assets, and amend his guidance on what tax liabilities, he will treat an Executor/Legal Personnel Representative (LPR) as having notice. I will get to these updates, shortly, after surveying…