Tax Commissioner Chris Jordan has revealed an extra $2 billion in debt to the Tax Office has been collected from small business after company directors were warned they are personally liable for firms’ unpaid liabilities, and that the agency’s COVID-19 moratorium is over.
Speaking ahead of a major international revenue agency conference in Sydney this week, the Tax Office boss said digitalisation of outdated systems was leading to significant improvements in tax administration and customer service, with ambitions for point-of-sale and GST collections to be further automated.
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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
