Playing a straight bat may avoid a costly loss to the ATO
Playing a straight bat to anything the Australian Tax Office (ATO) may bowl up to you won’t guarantee a successful outcome, but it’s always your best option. Read More
News
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Thursday, November 26 2015 -
Wine industry's future rests on getting its act together
Wednesday, October 28 2015 The industry can’t expect the government to finance an international marketing campaign from WET reform so long as the industry remains imprecise or divided on what the reform should incorporate. Read More
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ATO may offer debtors a last-chance option
Wednesday, October 28 2015 Even as the Australian Tax Office (ATO) intensifies its program to curb a rapidly mounting tax debt that’s hurting the nation’s economy, delinquent businesses may be offered a last chance for salvation before enforced liquidation. Read More
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The nexus between the tax system and insolvency
Wednesday, October 28 2015 Australian Tax Office (ATO) figures show that more than 80% of the money it’s owed by SA companies is related to insolvency, and five of SA’s top companies owe $72m of South Australians’ total tax debt of $1.23b. Read More
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A flattening building industry needs governments' support
Thursday, September 24 2015 A building industry said to be “flattening” doesn’t expect handouts from State and Federal Governments but is looking for help to enable it to do the things it’s capable of doing to lift the economy. Read More
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ATO's drive on debt and compliance
Thursday, September 24 2015 In the past, the ATO has been prepared to let debt run on average to $340,000 before taking aggressive recovery action. However, business owners with cash flow problems and unpaid tax obligations, have recently become only too well aware a hard line is now being taken much sooner than that. Read More