Cracking the ATO Debt Code

This webinar was delivered live in Sydney. We dive into the complexities surrounding ATO debt and its implications for small businesses. The panel discusses the recent changes in tax deductibility, the role of accountants, and the importance of proactive financial management. They highlight the warning signs of financial distress and the need for directors to take responsibility for their business's financial health. The discussion also touches on the evolving lending practices in light of increasing ATO debt and the necessity for compliance and strategic planning. The conversation delves into the complexities of business financial health, the role of directors in decision-making, and the intricacies of small business restructuring. It highlights the importance of understanding business models, the emotional aspects of financial decisions, and the engagement with the ATO. Real-life examples illustrate the challenges faced by businesses and the necessity of teamwork in navigating financial difficulties. Our Panel Nick Samios - https://www.linkedin.com/in/nicksamios/ Louisa Sijibat - https://www.linkedin.com/in/louisa-sijabat-905561/ Rob Grul - https://www.linkedin.com/in/robert-grul-57304969/ Danny Ghalie - https://au.linkedin.com/in/danny-ghalie-919077b3 Hermes Ledger is produced by Hermes Capital Partners https://hermescapital.com.au/