Update on handling ATO Debt Strategies
Overview
Learn practical insights into the latest ATO approaches, negotiation tactics, and compliance considerations to help you support clients effectively.
The ATO has been funded by Government to increase collection levels for small business and private group debts, so this has highlighted the range of strong statutory powers that the ATO has to collect such debts, on top of the usual tools available for general creditors. This webinar will look at:
- the current ATO public statements about what they are now doing in those collection ‘harder-edged’ programs;
- an overview of the range of ATO debt collection powers (both specific statutory options for the Commissioner and the general powers available to creditors);
- significant scrutineer feedback so far on how those debt collection programs are playing out in practice;
- strong stakeholder feedback about those debt collection programs and the impacts they are having on client taxpayers; and,
- exploring strategies to better manage the engagement with the ATO when clients are subject to those strategies, taking into account both what the ATO are saying and the constructive feedback from scrutineers and stakeholders.
Learning Outcomes:
Participants will gain an improved understanding of:
- the ATO’s current small business and private wealth debt collection strategies
- ATO statutory powers to collect debts
- ATO use of general creditor powers to collect debts
- Scrutineer and stakeholder feedback on the current ATO debt collection approaches
- Strategies to better manage ATO debt collection activities affecting small business and private wealth clients
Suited to:
Accountants, tax practitioners, BAS agents, lawyers and other practitioners serving small businesses, private groups and wealthy individuals.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Update on handling ATO Debt StrategiesVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Bruce CollinsTax Controversy Partners
is the founder and principal solicitor at Tax Controversy Partners Pty Limited, currently helping clients to resolve all types of tax issues with the ATO and SROs. Before moving into private practice in 2017, Bruce worked for over 35 years in the Tax Office, a third of this time as a Senior Executive in what is now Compliance & Engagement Group, covering most ATO functions. Bruce was the head of the Technical & Case Leadership area in Aggressive Tax Planning and then Private Wealth for several years prior to leaving the ATO, as well as having previously been the strategic and technical lead for many of the ATO’s private group and adviser-focused compliance programs. In those roles, Bruce was also involved in dealing with many of the most complex settlement and debt collection negotiation cases for private group and scheme participant cases.
Bruce has an Accounting Certificate (1989), a First-Class Honours Degree in Law (1995), a Graduate Diploma in Legal Practice (1996), a Masters of Taxation (2003) and a Masters of International Taxation (2006). Bruce is a Chartered Tax Advisor with the Tax Institute, a member of the Law Society of NSW, a member of the AICD and is both a member of the Law Council of Australia, their Tax Committee and is the current Chair of the Law Council SME Business Law Committee.