ATO 'hellbent' on chasing down $34bn in small business debts

Insolvency Australia members said that recent activity showed the ATO was not only coming good on its promise to end its pandemic-era leniency, but that it was taking a "far more aggressive" approach, with one member describing the ATO as “hellbent” on chasing down $34 billion worth of debts owed by small businesses using director penalty notices and legal action.

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