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Why the ATO’s aggression might be sign of a weakening economy!! #139
Why the ATO’s aggression might be sign of a weakening economy!! #139
1. Worried that bad debts are going to increase, and looking to get the money now. There could be a sign for tougher economic times, and the ATO might be looking to avoid major debt issues - like during the Global Financial Crisis.
2. 2/3 of businesses have outstanding debts with the Australian Tax Office
3. Lots of people in Property industry have been affected - Construction, Real Estate Agents, Trades people, Sole Traders.
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By Search Party PropertyWhy the ATO’s aggression might be sign of a weakening economy!! #139
1. Worried that bad debts are going to increase, and looking to get the money now. There could be a sign for tougher economic times, and the ATO might be looking to avoid major debt issues - like during the Global Financial Crisis.
2. 2/3 of businesses have outstanding debts with the Australian Tax Office
3. Lots of people in Property industry have been affected - Construction, Real Estate Agents, Trades people, Sole Traders.