Small businesses may ‘collapse under strain of payday super’, IPA warns
Existing issues within the SG system must be rectified before the government proceeds with the new changes, the IPA says.
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ATO’s hands tied with scrapping on-hold debts, expert says
The Tax Office lacks power under current laws to do anything about the wildly unpopular scheme despite plans to review its approach, according to a UNSW professor.
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Australian Taxation Office (ATO) shifting to firmer debt collection activity
The ATO has flagged a return to more aggressive debt collection actions after seeing a trend of profitable businesses that have the capacity to pay their tax debts but are actively choosing not to do so.