@abcnewsaus: Calls from financially distressed people to debt helplines have skyrocketed to unprecedented levels, as the tax office issues tens of thousands of director penalty notices that make people personally liable for company tax and superannuation debts. Some people don’t even know they’ve been made directors of firms and they’re given just 21 days to pay up. In other cases, the company was wound up years ago. ABC business reporter Nassim Khadem has the story. To personalise your news & stay in the know, download the ABC News app via the link our bio. #Tax #ATO #ABCNews #ABCBusiness

ABC News Australia
ABC News Australia
Open In TikTok:
Region: AU
Wednesday 24 July 2024 01:30:00 GMT
68573
2273
51
105

Music

Download

Comments

slutfeatures
Nicci Thatcher :
Surely there are other corporations who’ve got MUCH BIGGER debts than individuals? Idk maybe those mining and gas corporations?
2024-07-24 03:39:32
109
bunjee98
Bunjee :
our generation can't afford food, We are already bankrupt lmao,
2024-08-19 18:54:11
0
sophosjocus
nullreferrer :
Bankrupt me. let's light this candle.
2024-07-24 01:50:24
120
sxj699
user5821981010692 :
my friends husband did this to her, she owed upward of 35k and the ATO refused to offer her any assistance
2024-07-24 03:11:06
21
jeff_perth_wa
Jeff_Perth_WA 🇦🇺 :
Unless you got made director illegal and won't aware. Why should people that didn't pay there business or employees tax and superannuation be ignored and not held responsible?
2024-07-24 02:35:41
13
user5011532286178
amy :
Well Gov needs to show taxes used wisely then tax paid happily. Gov never accountable but we all are ?!?!?!
2024-09-02 02:21:21
0
sassoom
RK :
How come we pay the same amount of tax when government services are going down and inflation is unstoppable 🤔
2024-07-24 02:29:19
2
genc_mel
Gen C :
Employers are responsible for paying super, that includes directors of small businesses I understand why the government are chasing those. But we all know there’s billion $ corporations that don’t pay
2024-07-24 10:57:23
0
dirty4675
dirty :
I'm broke Goodluck
2024-07-24 09:11:56
0
marjkahikanikora
Marj Kahika Nikora :
greed over common sense
2024-07-24 07:43:56
3
starlightsmile78
Sarah EMB :
even if the debt is valid and you do choose to sell your house to pay it, you can't even sell a house and get settlement in 21 days!
2024-07-24 02:29:24
5
unrecognisableprincess
AkaTunu :
I’ll tell them I ain’t got it and move on with my life 😂
2024-07-24 12:59:57
0
ellaeatsice
Ella :
And massive corporations still pay absolutely zero tax and the government is going after small businesses and families
2024-07-24 23:26:03
4
bunjee98
Bunjee :
our generation can't afford food, We are already bankrupt lmao,
2024-08-19 18:54:11
0
corefiit
Richard :
😳🤔...That happened to me, But my Brilliant account soughted out...amazing..
2024-07-27 05:14:14
0
gezzabells
Gezzabells :
Thanks for reminding me
2024-07-25 21:38:06
0
user5011532286178
amy :
Well Gov needs to show taxes used wisely then tax paid happily. Gov never accountable but we all are ?!?!?!
2024-09-02 02:21:21
0
ben_faulkner8
Ben Faulkner :
I’ll just take all the money out of my bank.
2024-07-29 20:31:13
0
To see more videos from user @abcnewsaus, please go to the Tikwm homepage.

Other Videos


About