Commissioner of Taxation Rob Heferen. Source: SmartCompany.
article-article-body
The Australian Taxation Office (ATO) is pledging an “increased focus” on lingering business debts while preparing a new, multi-year program to improve small business tax performance.
The ATO on Tuesday unveiled its 2024-2025 corporate plan, the first handed down by Commissioner of Taxation Rob Heferen since taking over from long-serving Commissioner Chris Jordan in March.
It sheds light on how an ATO under Heferen intends to operate, and what the tax office considers to be its key priorities in the year ahead.
Much of the plan is similar to those handed down in past years, which shows the legacy left by previous Commissioners, Heferen yesterday told ATO staff in Canberra.
ABOUT THE AUTHOR
Senior Business Journalist
David Adams is a senior business journalist at SmartCompany. He is interested in the challenges and opportunities facing Australian businesses, along with the influences of technology, culture, and a changing climate. Before SmartCompany, David served as a reporter for Business Insider Australia. You can find him on Twitter at @DavidAdams_AU.
Handpicked for you
Australia’s two-speed economy paints a sobering picture for small businesses
Australia's economic health will depend on our ability to address the disparities highlighted by the current two-speed economy.
Sole traders are under pressure, but the tide is turning to digital tax tools
It’s time Australian sole traders took tax matters into their own hands, and the technology is there for the taking.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.