Restaurant business with a tax debt; what are the risks and what can you do
Restaurant business with a tax debt; what are the risks and what can you do

One of the most common businesses with financial problems we see are restaurant and hospitality businesses.  This is because often they have high staff wage costs, high rent and their revenue can fluctuate based on various factors. This article looks at risks for directors of restaurant businesses with large tax (or really any type) of […]

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What happens to your tax debts when you go bankrupt?
What happens to your tax debts when you go bankrupt?

If you cannot pay your debts, one option is to go bankrupt. One of the effects of bankruptcy is that you do not have to pay most of your debts.  But does this include all tax debts you owe? What happens to tax debts generally in bankruptcy Tax debts are treated like most other debts […]

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Total unpaid tax debts top $44 billion
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 […]

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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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