No more Mr Nice Guy at the ATO?

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taxman

Here’s a quick query of readers. One of the lesser know features of Australia’s GFC stimulus is that the ATO became very flexible when it came to collecting GST and income taxes. In effect it became overnight a new bank upon which all Australians could draw.

Since then I’ve not really noticed much change.

But in the past month I have been harassed within an inch of my life about a slightly late BAS. The ATO has been really quite aggressive in its approach and I’m just wondering if this is a common theme among readers?

It may be the it’s no more Mr Nice Guy from the ATO as the Government searches high and low for revenues.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.