Business tax debts increase because of Covid-19
Business tax debts increase because of Covid-19

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 […]

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Taxpayer Jailed for Not Lodging Tax Returns
Taxpayer Jailed for Not Lodging Tax Returns

Every 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.

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ATO now taking steps to recover company tax debts
ATO now taking steps to recover company tax debts

The 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 […]

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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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