ATO’s generosity won’t last forever

Many business owners who found themselves struggling because of COVID-19 welcomed the debt initiatives introduced by the federal government as well as the generosity shown by the Australian Taxation Office towards debt collection. However, this generosity has had a large impact on the amount of receivables collected by the ATO, and it has now flagged a change in policy, so it’s important to be prepared.


Want to receive more content like this in your inbox?