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ATO announcement presents big opportunity for brokers

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Julia Corderoy | 10 Nov 2015, 08:00 AM Agree 0
Brokers have been presented with a big opportunity in the SME lending market following an announcement by the Australian Tax Office
  • Regional Broker | 10 Nov 2015, 09:03 AM Agree 0
    Good call.
  • Regional Broker | 10 Nov 2015, 09:05 AM Agree 0
    One thing that I am curious about , the ATO in Albury ATO Office for example are actually cutting staff numbers in these areas, where are the people to conduct the audits coming from?
  • Peter | 10 Nov 2015, 05:27 PM Agree 0
    Sounds like another big stick no carrot exercise from the ATO much like ASIC always use. Also I hope Bluestone will do these loans. Can you imagine approaching one of the big 4 for a loan for an SME that can't pay its tax? Its almost impossible now to get a loan for an SME unless they have heaps of security and really don't need the loan. If they can't pay their tax they haven't got a hope.
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