It is known that the ATO is owed a significant amount of money from taxpayers, and of those taxpayers, the majority were small to medium-sized businesses. The ATO is taking a more aggressive approach in collecting the outstanding tax debts, hence the reason why there has been a significant increase in the winding up applications filed by the ATO.
During this episode, Andrew Jo, an accountant specialised in insolvency from Green Gate Advisory and Ji Hoon Chang, a lawyer from David Chang Legal explain the process of ATO winding up a company.
[The full episode is available on the podcast above]
David Chang, a lawyer from David Chang Legal and Andrew Jo, an accountant specialised in insolvency from Green Gate Advisory Source: SBS Korean Program
