Collapse of flooring business a warning to treat tax debt seriously
Administrators said the firm’s collapse should act as a warning to other small businesses to stay on top of accrued tax debts.
Source: indaily.com.au
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Deadline approaching: SMEs have until December 31 for Lodgment Amnesty
Small business proprietors have a limited 25-day window to rectify overdue forms using the Small Business Lodgment Penalty Amnesty Program.
Source: dynamicbusiness.com
Australians warned of hefty fines as tax return deadline looms
Australians have been placed on the clock with just a week left to lodge their tax returns or face being fined.
Source: dailymail.co.uk
ATO threatens to disclose big business tax debts to credit agencies
The ATO has issued a stern warning to businesses with big tax debts, saying it will disclose them to credit reporting agencies.
Source: smartcompany.com.au
ATO urges timely tax payments to avoid disclosure
The Australian Taxation Office (ATO) is cautioning businesses to address their tax and super obligations prior to exposing their debts to credit reporting agencies.
Source: dynamicbusiness.com