A review carried out by the ATO shows that undisputed tax debts have increased by 77.6 percent in the four years to 30 June 2020. Inspector-General of Taxation and Tax Ombudsman, Karren Payne’s review found that collectable debt has grown from $19.2 billion at 30 June 2016 to $34.1 billion at 30 June 2020. The […]Read more
If you or your company owe the ATO a tax debt and can’t pay, you can seek to enter into a payment arrangement with the ATO. If the ATO refuses a proposed payment arrangement, you may also offer security over your assets or assets of a third party. At times, the ATO themselves may even […]Read more
There is a certain stigma attached to liquidation and company directors often don’t want their companies to go into liquidation. But liquidation can often be the only option for a company. And sometimes it can also be a good option.Read more
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.