ATO refocus on debt collection
Aspen Corporate • 15 June 2022
The ATO has not pursued many business tax debts during the pandemic and allowed tax refunds to flow through even if the business had a tax debt. That position has now changed and the ATO has resumed debt collection and offsetting tax debts against refunds.
If you have a tax debt, it is important that you contact your Aspen Corporate Advisor to proactively engage with the ATO. Otherwise the ATO will use every means in their power to try and recover the debt.
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