Money Magazine

Pay up or risk getting crunched

There is no doubt that the tone of the Australian Taxation Office (ATO) has shifted from one of sympathy and understanding during the Covid pandemic to a businessas-usual debt collection mode.

It is warning businesses to take their tax and super guarantee (SG) commitments seriously or risk damaging their credit record.

As of July 2023, the ATO had issued 'Notices of intent to disclose business tax debts'

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