The Australian Taxation Office (ATO) will soon be forced to pay a new tax just to help collect around $50 billion in outstanding tax money owed to the government in the form of post-COVID tax debts, as well as regular receivables, where commercial recovery agents are used to expedite collection.
Yep, you read that right. The government will soon be putting a new tax on the collection of tax, a quirk that flows from a new edict from the Department of Finance that financially penalises agencies that use outsourcers by extracting a new levy on work they send out of the Australian Public Service.
Revealed earlier this month by Finance and the Public Service Minister Katy Gallagher as part of a parade of savings measures to be included in Tue…
Read the full article at: https://www.themandarin.com.au/246103-finances-new-375-million-outsourcing-levy-to-hit-debt-collection/