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Are small businesses using the ATO as a bank?
Published 6 years, 10 months ago
Description
Recent figures show that over 800,000 small businesses are currently on payment plans with the ATO to help them to pay off their tax debt in instalments.
On this episode of Accountants Daily Insider, host Sarah Kendell is joined by My Business editor Adam Zuchetti to delve into the reasons why this statistic is so high, whether pervasive fears of the ATO from small businesses are justified, and how accountants and regulators can help support SME cash flow to create better outcomes.