With the Australian Taxation Office (ATO) intensifying its efforts to collect outstanding tax debts, Insolvency Australia has urged small business owners to maintain strict tax compliance, highlighting the end of the financial year as an optimal time for businesses to review their tax status.

“The ATO is hellbent on collecting what it’s owed and is really doubling down on compliance,” said Gareth Gammon (pictured above left), director of Insolvency…