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Monthly Archive: February 2017

Engage with the ATO on outstanding debt or risk 5 years of bad credit! – Matthew Jess (Worrells)

February 7, 2017

The Federal Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) included an announcement that from 1st July 2017 the Australian Taxation Office (ATO) can disclose to Credit Reporting Bureau the tax debt information of businesses that have not effectively engaged with the ATO to manage those debts. This will be a new and unprecedented power of…

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