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Liability limited by a scheme approved under
Professional Standards Legislation.
18 Dec
ATO has recommenced recovery action
The Australian Tax Office (ATO) had not been actively seeking to recover tax debts. This is due to the current Covid-19 pandemic and its effects to businesses. The ATO understands that many businesses have been unavoidably impacted by the pandemic. There are signs however thing have started to change, at least for Victoria, New South […]
Read more 04 Dec
What happens when the ATO issues a garnishee notice to your bank?
The ATO can issue a garnishee notice to anyone who holds money on your behalf or who owes you money. The garnishee notice will cause your money to be paid to the ATO to reduce your tax debt. The most common target for an ATO garnishee notice is a company’s bank to recover money to […]
Read more 20 Nov
Director Penalty Notices; the Pitfalls
We have previously explained about the different types of director penalty notices (DPNs) which can be issued by the ATO here. In summary there are: ‘Ordinary’ or 21-day DPNs where directors can avoid personal liability if the company is placed in liquidation or voluntary administration; and ‘Lockdown’ DPNs where directors will not be able to […]
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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?
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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