Articles for Tax Debts

As tax and superannuation debts grow, ATO issues tens of thousands of director penalty notices that could send more people bankrupt
5 months, 1 week ago

As tax and superannuation debts grow, ATO issues tens of thousands of director penalty notices that could send more people bankrupt

ABC  

A day after his 52nd birthday, Andrew Christodoulou got a nasty surprise in the mail. ATO issues more Director Penalty Notices and garnishee notices Financial year DPNs issued Garnishee notices 2018-2019 13,120 18,605 2021-2022 3,160 957 2022-2023 17,459 2,924 July 1 2023 – 29 February 2024 13,454 2,881 The ATO says "firmer debt collection actions" are needed because the agency …

Business Financial Director Penalty Notices Small Businesses Company
Tax office criticised for resurrecting old debts worth billions and causing Australians distress
8 months, 4 weeks ago

Tax office criticised for resurrecting old debts worth billions and causing Australians distress

ABC  

Two federal ombudsmen have joined forces to launch a scathing review of the tax office and call on government agencies to act more fairly when they chase people for debts. The Australian Taxation Office is owed tens of billions of dollars' worth of income tax debts it once dismissed as being "uneconomical to pursue". Tax Ombudsman Karen Payne said there …

Office Commonwealth Ombudsman Report Anderson Mr Anderson Payne