Posts tagged "The Australian Taxation Office (ATO)"

The Australian Taxation Office’s Tax Avoidance Taskforce helped generate an additional $7.6 billion in revenue during the 2022-23 financial year.

Accounting groups are urging small businesses to lodge overdue tax returns, after the tax office revealed it has started chasing debts in NSW, Victoria and the ACT.

The Tax Office has started issuing warning notices to small businesses with tax debts of more than $100,000, under new powers that allow it to disclose unpaid taxes to credit reporting agencies.