Coronavirus Changes to Insolvent Trading Laws
Coronavirus Changes to Insolvent Trading Laws

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 […]

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::A TDS Success Story:: Settling an ATO debt
::A TDS Success Story:: Settling an ATO debt

We 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 […]

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Do you need more than one director? ATO risks for multiple director companies
Do you need more than one director? ATO risks for multiple director companies

A 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 […]

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ADVICE AND ASSISTANCE

If you have a tax debt , you should urgently obtain professional advice and assistance.  This will help you avoid ATO recovery action.

We can assist you deal with your tax debt problems.  So, please call us for an initial no obligation free consultation.

Struggling with Tax Debt?
We can help.  So call us today.

Contact Us

We’re here to help so contact us now for a free no obligation consultation.

Tax Debt Solved
GPO Box 691
Brisbane Qld 4001

Email: mail@taxdebtsolved.com

Fax:  07 3221 8885
Phone: 07 3221 0055





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