There has been a significant increase in tax debt owed to the ATO due to Covid-19. The following table below sets out what the ATO believes is total collectable tax debt: It is believed that the total collectable tax owed to the ATO will reach around $50 billion at 31 December 2021 being nearly twice […]
Read moreEvery year, thousands of individuals and businesses don’t lodge tax return for various reasons. With one of the main reasons is the fear of not being able to pay the tax debt owed.
Read moreThe ATO has taken virtually no recovery action to collect tax debts since the start of the Covid-19 pandemic. However, they are now beginning to engage with businesses to collect tax debts and will take future recovery action as necessary. This will be a soft engagement at first. ATO Commissioner Jeremy Hirschhorn has recently said […]
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