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Ombudsman urges small businesses to get on front foot at tax time


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Ombudsman urges small businesses to get on front foot at tax time
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has urged struggling small and family businesses to be proactive at tax time, as a new report reveals declining payment plans despite record collectible debt owed to the Australian Taxation Office (ATO).
Mr Billson says the report, released today by the Inspector General of Taxation and Taxation Ombudsman (IGTO), shows that although SMEs owe $21 billion to the ATO – well over half of this collectible debt is held by just 6.4% of SMEs.
“The vast majority of small business owners are doing the right thing and complying with their tax obligations,” Mr Billson says. ....

Bruce Billson , Australian Taxation Office , Australian Small Business , Family Enterprise Ombudsman Bruce Billson , Inspector General , Taxation Ombudsman , Australian Government , Administrative Appeals Tribunal , காயங்கள் பில்சன் , ஆஸ்திரேலிய வரிவிதிப்பு அலுவலகம் , ஆஸ்திரேலிய சிறிய வணிக , குடும்பம் நிறுவன ஆஂபட்‌ஸ்மந் காயங்கள் பில்சன் , இன்ஸ்பெக்டர் ஜநரல் , வரிவிதிப்பு ஆஂபட்‌ஸ்மந் , ஆஸ்திரேலிய அரசு ,

Thousands of small businesses may have missed out on JobKeeper despite being eligible — and the ATO has been aware of the issue since August


Small businesses may have been rejected for millions of dollars worth of government support despite being eligible. (Speed Media, Icon Sportswire)
A new report published by the Inspector-General of Taxation and Taxation Ombudsman (IGTO) has found that many new businesses missed out on the JobKeeper subsidy and cash-flow boost despite being broadly eligible.
The review, published on Monday, found that the Tax Office didn’t provide the businesses with the opportunity to provide evidence to support their claim, and simply found them ‘ineligible’ instead.
While the ATO has been aware of the issue since August, it has told the IGTO it will only rectify it for those who objected or appealed at the time. ....

Karen Payne , Tax Office , Speed Media , Icon Sportswire , Taxation Ombudsman , கரேன் பேந் , வரி அலுவலகம் , வேகம் மீடியா , வரிவிதிப்பு ஆஂபட்‌ஸ்மந் ,