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 […]
Read moreIf 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 […]
Read moreDebts 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 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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Struggling with Tax Debt?
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Tax Debt Solved
GPO Box 691
Brisbane Qld 4001
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Fax: 07 3221 8885
Phone: 07 3221 0055