Are small businesses using the ATO as a bank?

Business

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.

By Tasha Levy • 08 November 2019 • 3 minute read

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lass="p1">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.

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Are small businesses using the ATO as a bank?

Tasha Levy

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