Tax debt collection to ramp up in 2024 with the ATO’s appointment of Recoveriescorp

The ATO has engaged the services of an external debt collection agent, which is a significant step towards addressing the collectable tax debt it is owed.

ATO Collection Activities From 29 January 2024, the Australian Taxation Office’s (ATO) debt recovery cases may be actioned by Recoveriescorp, an external debt collection agency, which will occur if a taxpayer fails to respond to the ATO pre-referral warning letter or fails to engage with the ATO in relation to their debt. During the early days of the pandemic, the ATO shifted down a gear in respect of debt collection activities, but ATO collectable debt has now increased by 89 percent to $5...

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Authors: Tim Mableson, Maggie Li,

Published Date: 15 February 2024