Australian Mercantile Collections

Tax Office ramps up pressure over $50 billion in unpaid debts

Tax Office ramps up pressure over $50 billion in unpaid debts

“This means a significant portion of the amount going unpaid is GST collected from consumers or PAYG withholding, withheld from employees’ pay,” Mr Heferen said.

“We are seeing an increasing number of businesses fall behind on these types of payments, from which point it is very difficult for businesses to get back on top of their obligations and remain viable.

“It’s critical that all employers – big and small – keep on top of their obligations to their employees first and…

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