Oracle Insolvency Services | Company
Oracle Insolvency Services
Phone: +61 1300 391 330
Reviews
to load big map
25.01.2022 ATO: Penalties will resume During the COVID-19 pandemic, the ATO was patient with individuals and small businesses allowing them plenty of opportunities to get their tax affairs in order. But with the end of JobKeeper, the ATO has recently announced a resumption of its compliance activities. The ATO will resume debt recovery action particularly against taxpayers who fail to lodge, fail to respond to payment requests or break promises.... From the end of March 2021, where appropriate, the imposition of penalties will resume - and on a case-by-case basis, we will start taking debt and lodgement compliance actions, an ATO spokesperson has announced. That is no surprise, given the tax debts owed to the ATO by individuals and companies have now reached $53 billion. In support of this anticipated increase in debt recovery activity, the ATO has recently stepped up its advertising for job vacancies within its department. The ATO has, however, offered an olive branch to taxpayers who are genuinely in need of help. We understand the bushfires from last year, COVID-19 or the floods more recently may continue to have a significant impact on taxpayers and tax professionals. The ATO will always provide help and assistance to anyone who engages with us. We will generally not take compliance action where we are aware you are trying to do the right thing, the ATO spokesperson also announced. Companies and individuals who are unable to meet their tax payment obligations ought to contact their advisor or the ATO and seek help. Or, if debts become unmanageable, please contact Oracle Insolvency Services on tel: 1300 391 330 or email: [email protected] web: www.oracleis.com.au
22.01.2022 Sharing our thoughts on Small Business Reconstructions and Simplified Liquidations at the AICM 2021 National Insolvency Seminar in Adelaide. #AICM #arita #oracleinsolvencyservices
10.01.2022 Whyalla steelworks court action - what’s it about?
06.01.2022 Whyalla steelworks court action - what's it all about?
04.01.2022 The Oracle Insolvency Services team and our guests were proud to be involved in the ARITA SA/NT Division Conference, and introduce Tim Boast, co-founder and head distiller of Never Never Distilling Co.
