The ATO has largely put its recovery efforts on hold for the larger part of the Covid-19 pandemic. With businesses struggling to stay afloat even with JobKeeper, some business have been accruing tax debts which they cannot reasonable pay. As a result, the ATO has racked up $53 billion worth of unpaid taxes, up from […]
Read moreThe Federal Government rolled out JobKeeper back in March 2020 to sustain businesses impacted by the COVD-19 pandemic. The scheme, which at its height supported more than 3.8 million jobs, ended in March this year.
Read moreOver 750,000 businesses have taken advantage of the Federal Government’s JobKeeper scheme. This has allowed these businesses to continue trading, in many cases where they would have otherwise have had to close. But what will happen to these businesses when JobKeeper ends in September 2020? What can they do to deal with outstanding tax debts […]
Read moreIf you have a tax debt , you should urgently obtain professional advice and assistance. This will help you avoid ATO recovery action.
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