Posts tagged "tax debt"

The ATO has issued a stern warning to businesses with big tax debts, saying it will disclose them to credit reporting agencies.

Small business and microbusiness owners are fronting up to the University of New South Wales tax assistance clinic with an average tax debt of $80,000.

New figures released this week show the number of companies entering external administration in March climbed to 463, a 30% jump on February and nearly 80% higher than January. 

The ATO has issued a holiday warning about scam activity, particularly fraudsters trying to impersonate the tax office during the December rush.

Small businesses received a $66 million reduction in disputed tax debts from settlements in 2018-19, about double the amount from last year, new figures show.

Experts are warning small-business owners that tax time scams will be aplenty. Here's what you need to know to stay diligent and protected.

ATO commissioner Chris Jordan has fired back at an ombudsman report into tax office debt-recovery conduct, saying he doesn't want businesses to be alarmed.

Small business ombudsman Kate Carnell wants better oversight over the approval and use of ATO garnishee notices, saying they're killing businesses.

The ACCC says scams increased last year, with small business emerging as the hardest hit corporate cohort, losing over $4.5 million.

International gym business Result Based Training has appointed administrators this week and is now being reviewed for possible sale or restructure.

The Australian Taxation Office (ATO) has sounded an urgent alarm over an influx of scam calls to taxpayers claiming to be from the taxman.

The federal government has released draft legislation to allow the Australian Taxation Office to tell credit reporting bureaus that a busine…