‘I’m baaaack’ – the ATO recommences debt recovery action with a vengeance!

In April this year, we published an article regarding the ATO recommencing the issuing of Director Penalty Notices (view article here). During the pandemic, the ATO had offered administrative relief to businesses who were experiencing financial difficulty. However, that relief was always going to come to an end… As at 30 June 2021, the tax [...]

2022-06-27T02:05:39+00:00June 27th, 2022|Corporate Advisory, Tax|Comments Off on ‘I’m baaaack’ – the ATO recommences debt recovery action with a vengeance!
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ATO Debt will soon show on Credit Reports

In an effort to get paid faster, the Australian Taxation Office, from 1 July 2017, will start reporting overdue small business tax debts to Credit Rating Bureaus.   Initially the measure will only apply to businesses with Australian Business Numbers and tax debts over $10,000 that are at least 90 days overdue. It will not [...]

2017-06-26T16:38:34+00:00April 10th, 2017|Uncategorized|Comments Off on ATO Debt will soon show on Credit Reports
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