There will be a government inquiry into late payment of small businesses.   One of the criticisms levelled at president-elect Donald Trump during the highly contentious U.S. election campaign was that the businessman reportedly stiffed subcontractors who’d been hired to undertake work for his various business ventures. Numerous small businesses from carpenters to plumbers and…

  The federal government has been, for some time, concerned about the escalating debt from taxpayers who would like to use the ATO as a bank. Businesses are either delaying or not paying their obligations such as GST, PAYG or income tax. The government announced in it’s Mid Year Economic & Fiscal Outlook report last…