2024 Budget For Ato. Another budget, another funding boost for the australian taxation office and no substantive tax changes for small business or individuals. The purpose of portfolio budget statements (pbs) is to inform senators and members of parliament of the proposed allocation of resources to government.
Another budget, another funding boost for the australian taxation office and no substantive tax changes for small business or individuals. Unpaid tax debts from small businesses have soared to $35.2 billion, with ato commissioner rob heferen signalling the agency’s patience has run out after.