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Rachel and her husband own Diverse Interior Linings, a small business on Sydney’s Central Coast. Like many small business owners, cash flow is a concern with receiving payments late proving to be a major issue.
Watch how Diverse Interior Linings bounced back after losing nearly $100,000 to a phoenix business.
Phoenix activity has impacts on the business community, employees and contractors, the government and the environment. For more information, visit https://ato.gov.au/phoenix.
Report suspected phoenix activity by phone on 1800 060 062, by email at email@example.com, or online at https://www.ato.gov.au/Forms/Tax-evasion-reporting-form/