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An audit found Colin didn’t owe a cent. Then he was charged $1m in tax

Paul Karp

Colin Walker, the managing director of cleaning and facility management company Mastercare, has been paying payroll tax for more than 40 years.

Walker was as confident as anyone could be that he’d got it right. Indeed, in 2023 Mastercare was audited for the four financial years ending 2016-17, and Walker says it found “we did not owe one cent, indeed we’d overpaid by $6000”.

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Paul Karp is The Australian Financial Review’s NSW political correspondent.

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    Original URL: https://www.afr.com/politics/an-audit-found-colin-didn-t-owe-a-cent-then-he-was-charged-1m-in-tax-20250219-p5lda8