@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

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Wednesday 24 July 2024 01:30:00 GMT

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Comments

nullreferrer :

Bankrupt me. let's light this candle.

2024-07-24 01:50:24

155

adz :

I'll just go bankrupt oh no

2024-07-24 01:55:00

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

Bunjee :

our generation can't afford food, We are already bankrupt lmao,

2024-08-19 18:54:11

RK :

The western tax system has started to collapse

2024-07-24 02:28:18

Marj Kahika Nikora :

greed over common sense

2024-07-24 07:43:56

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

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

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