Are small businesses using the ATO as a bank?
Accountants Daily Podcast Network
November 8, 201913m 0s
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Show Notes
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.