A company is insolvent if it cannot pay amounts that it owes to creditors when they become due and payable. There are a number of issues that a Liquidator will look at in determining whether to pursue an insolvent trading claim. Due to the coronavirus pandemic the Federal Government has made various changes to the […]
Read moreWe were recently referred a client who owed approximately $232,000 in income tax. The client’s accountant had sought to negotiate a reduction of the tax debt with the ATO, however, negotiations had been largely unsuccessful. Our engagement and background information We were engaged by the client and obtained the following general information: She was over […]
Read moreA lot of small private companies have more than one director. But why is this? And should your company only have one director to minimise risks including the risk of ATO Director Penalty Notices. What are the reasons for having multiple director companies? There can be certain reasons for having multiple directors of small private […]
Read moreIf you have a tax debt , you should urgently obtain professional advice and assistance. This will help you avoid ATO recovery action.
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Tax Debt Solved
GPO Box 691
Brisbane Qld 4001
Email: mail@taxdebtsolved.com
Fax: 07 3221 8885
Phone: 07 3221 0055