ATO Proposes $150K Settlement for Nearly $1M Restaurant Debt

restaurant debt

Yugo Canteen, a group of restaurants in Queensland, owes the Australian Taxation Office (ATO) $959,634.87. This is 96% of the total $997,236.14 owed to all creditors. The company wants to pay off this debt by giving the ATO $165,000 over 24 months. This is just 15.04 cents for every dollar owed. Scott Hoskins, Yugo Canteen’s … Read more