Reactivating old debts: new guidelines for government agencies (May 2024 Tax Update)

Relevant For:

Business owners and individuals dealing with or interested in government debt recovery processes.

Key Points:

• New guidelines by the Ombudsman and IGTO aim to improve transparency in notifying Australians of government debts.
• Principles include clear communication on debt origins, accessible review pathways, and support for affected parties.
• The ATO commits to applying these principles to enhance clarity and trust in debt recovery.
• Taxpayers can seek independent reviews from the IGTO on unresolved disputes with the ATO.