ATO cracking down on clients who fail to make repayments
The ATO have toughened up their stance on small businesses that fail to make repayments.
They have been issuing garnishee orders which enable the ATO to directly access funds held in a client’s bank account.
If you have made a payment arrangement with the ATO ensure you make your repayments on time and contact your Chartered Accountant if you are having difficulty paying.