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TLC IT Managed Services owes ATO $800,000

TLC IT Managed Services owes ATO $800,000

Creditor's meeting reveals amount owed to ATO, but no further details revealed

TLC IT Managed Services allegedly owes one of its creditors, the Australian Taxation Office (ATO) at least $800,000, it has been revealed in a creditor’s meeting held on June 7.

Brad Tonks and Chris Wykes from Lawler Partners were appointed joint administrators on May 26.

A spokesperson for the administrators said a creditor committee had been formed. More details on monies owed will provided in a second report.

TLC IT Managed Services was one of several subsidiaries under the TLC IT Group banner, run by Alan Chapman. It once held a 100 per cent stake in TLC Managed Services, but despite the failure of the parent company, it continued to trade.

Former TLC IT Group shareholder, Jan Chapman, was at the meeting and said there weren’t many details revealed apart from what was owed to the ATO.

Jan Chapman is also Alan Chapman’s brother.

“They didn’t reveal how much is owed to staff, including myself, and there was a long list of TBA,” Jan Chapman said.

According to Chapman, TLC IT Managed Services is now operating under license to a company called Genesys MSP, which is also run by Alan Chapman.

As previously reported by ARN, the parent company and a second subsidiary, TLC Data Security, were liquidated on April 16.

“He’s [Alan Chapman] trying to be legitimate and have this licensing done, which is what the liquidators have granted so people don’t lose their jobs,” Jan Chapman said. “All of the TLC IT Group companies are in liquidation.”

No date has been set for the next creditors meeting but the spokesperson said it would not be any later than June 30.

ARN contacted Alan Chapman for comment, but calls have not been returned at the time of publication.

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Tags Lawler PartnersTLC IT Managed Services

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