Gold Coast property king whacked with hefty tax bill

Gold Coast property king whacked with hefty tax bill

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He sold his home to Lleyton Hewitt and shifted $18m worth of property in just three years, but now this Gold Coast property king is facing a hefty tax bill.

On October 30, the Deputy Commissioner of Taxation filed a claim against Jeremy Caleb Langston in the District Court in Brisbane.

According to the claim Mr Langston, from Worongary, owes $269,481 in unpaid taxes and interest for the financial years ended June 2021 and June 2022.

The claim alleges that a notice of assessment for $192,062 for the 2021 financial year was issued on July 21, 2022 and a notice of assessment for $47,165 for the 2022 financial year was issued on October 16 this year.

Interest has been charged on the amounts.

“The general interest charge was calculated on a compounding daily basis from the end of each of the specified dates until 23 October 2023 by multiplying the general interest charge rate for each day by the sum of so much of the following amounts as remained unpaid,” the claim states.

“The defendant failed to pay income tax for the relevant periods on or before the relevant due dates,” the claim states.

“The plaintiff claims the sum of $269,481 for a debt due by the defendant to the Commonwealth of Australia payable to the Commissioner of Taxation and recoverable by the plaintiff,” the claim states.

The claim states it “is to be served on” Mr Langston.

In August last year Mr Langston told reporters that he had bought six homes, sold three, and just listed his fourth property for sale at Burleigh Heads, since January 2019.

Mr Langston and his wife sold their home named The Palms, in Burleigh Heads, to tennis player Lleyton Hewitt just three months after purchasing it and for $550,000 more.

Company searches state that Mr Langston is the sole shareholder and director of True Hero Pty Ltd, a National Disability Insurance Scheme provider based in Robina.

No defence has been filed and no date has been set for hearing.

The Courier-Mail has contacted Mr Langston at True Hero for a response to the allegations of the unpaid debt, but no response has been received by time of publication.

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