Rob Heferen, the Commissioner of Taxation, has revealed that nearly two-thirds of all collectable debt being chased by the Tax Office is from small businesses and that many are struggling to repay their debt following the end of the payment “holidays” that were brought in during the peak of the COVID-19 pandemic.
Speaking on the regulators panel at the Council of Small Business Australia National Small Business Summit 2024 in Sydney on Thursday (4 April), Heferen outlined that while the…
