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Liability limited by a scheme approved under
Professional Standards Legislation.
10 May
Total unpaid tax debts top $44 billion
Debts owed to the ATO saw a huge increase over the COVID-19 pandemic due to inactivity by the ATO in terms of recovery actions. Many expected that it would continue its upward trajectory in 2021 and 2022. The recent annual report released by the ATO confirms this. The total tax debts owed to the ATO […]
Read more 21 May
ATO Threatening Director Penalty Notices
In November last year, we wrote about the ATO taking steps to compel businesses to comply with tax obligations. The ATO was issuing letters to tax debtors warning them of the risk of being reported to creditor reporting agencies. This power was provided by the Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. […]
Read more 06 May
Will there be ‘free’ liquidations starting 1 July 2023?
Over the years, we have come across many directors whose companies would benefit being placed in liquidation. These companies have no assets and have tax debts they could not possibly repay. The directors however have been unable to place their companies in liquidation due to the costs involved. Starting 1 July 2023, liquidating these companies […]
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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.
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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