What Advisors Need to Know About the 127% Spike in ATO Complaints
Note: This post responds to Ross Gittins’ recent article in the Sydney Morning Herald. He surfaced something real that every advisor, and every client with tax debt, should read. Ross Gittins wrote an excellent piece triggered by complaints against the tax office spiking 127% in the last financial year. Ruth Owen, the Tax Ombudsman, confirmed it. […]
The Illegal Phoenixing Bill: What you need to know…
On the 5 February 2020 the government passed legislation exposing directors to personal liability for unpaid GST.
Tax debt support for fire-impacted businesses
As rain brings welcome relief for communities and firefighters, Australia is starting to rebuild from the fires that have devastated both businesses and individuals.
Will ATO legislation block your access to credit?
Recently proposed legislation which would allow the Australian Tax Office (ATO) to report business tax debt to credit rating agencies is creating a lot of debate.
