ATO crackdown drives surge in business insolvencies

Gareth Gammon, director of Insolvency Australia, Jarvis Archer, founder of Business Reset and FY24’s top liquidator by appointment volume, and Scott Andersen, principal of Worrells, discuss the recent surge in business insolvencies, explaining that the increase was driven largely by the ATO’s aggressive debt collection, and note strong indicators that business insolvencies will continue increasing or remain at elevated levels for the foreseeable future.

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