In recent months, the Australian Taxation Office (ATO) has significantly increased its debt recovery activities, particularly targeting small and medium-sized businesses. This escalation shouldn’t come as a surprise, as the ATO has been forewarning this for some time. Despite these warnings, some companies will still be caught off guard and unable to manage their tax debts.

Rising director penalty notices (DPNs)

The ATO’s increased debt recovery activity has led to…