Over coffee with a liquidator this week we were confronted with a serious change in policy with respect of garnishee notices and the approach of the ATO.
Since the start of the financial year there has been a concerted approach by the Commissioner to reduce revenue leakage and this has meant that there is an escalation of collections activities.
It is our understanding that the number of notices has increased 19,000 for the financial year to date, a marked increase on the total number of notices for the previous year.
Latest posts by Craig Dangar (see all)
- The Power of the ATO During an Insolvency - April 2, 2020
- Putting Your Business into Hibernation - March 30, 2020
- Top 5 Reasons to Strengthen Strategic Business Partnerships - March 30, 2020
- Queensland COVID-19 Jobs Support Loans - March 26, 2020