Australian Mercantile Collections

ATO debt collection stresses small business

ATO debt collection stresses small business

Rachel Mealey: The tax office is chasing more than $34 billion worth of debts owed by small businesses and self-employed Australians that were put on hold during COVID. But there’s concern that the ATO is using aggressive enforcement action to collect the money, which experts say is sending some businesses to the wall. ABC Business reporter Nassim Khadem has the story. We spoke earlier.

Nassim Khadem: The ATO is chasing $34 billion worth of debt that’s owed by small businesses. Now they…

View the full article to continue reading…