Mooloolah Baked has closed its doors following a federal court order placed the store into liquidation with an $800,000 ATO debt. The store was closed on March 13 after the ATO pursued the debt.

The bakery which opened in 2018 was directed by Shane Richard Dixon according to Australian Securities and Investments Commission documents. Jason Cronan, a liquidator at SV Partners, said the Mooloolah Valley store had closed before liquidators were assigned when he spoke to the Courier Mail.

“The ATO wound up the company, claiming to be owed more than $800,000 (tax and superannuation). A large portion of the debt includes interest and penalties,” Mr Cronan said.

“It’s too early to say with certainty what the cause of the liquidation is, however, it appears from a preliminary view that the company has not been trading profitably for a period of time, given the amount of debt owed.”

This isn’t the first business on the Sunshine to close after ‘aggressive’ ATO debt collection. The Celler and Sandbar Café was forced to close after they owed more than $500,000 to the ATO. Director of the two venues, Derek Murphy had said that a culmination of cost-of-living pressures and increased rent had affected customers discretionary spending which in turn affected the profitability of both businesses.

According to liquidator and principal at Worrels, Paul Nogueira, the construction and hospitality industries on the Sunshine Coast were projected to suffer as the ATO “aggressively” seeks to recoup around $80bn of debt across the country.