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24 Aug
How we helped a client use a Personal Insolvency Agreement to settle a tax debt
If you have a significant personal tax debt which you cannot pay (including through a payment arrangement) there are two options: Go bankrupt; Or put a proposal to your creditors (e.g. the ATO) to settle your debts via a Personal Insolvency Agreement. This is an example of how we helped a client settle his tax […]
Read more 12 Jul
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 […]
Read more 20 Jun
How does the ATO make you bankrupt?
The Australian Taxation Office (ATO) does not have the authority to directly make a person bankrupt. However, the ATO can initiate bankruptcy proceedings against a taxpayer if they have outstanding tax debts that have not been paid or resolved. The process typically involves: Firstly; the ATO commencing legal proceedings against an individual taxpayer for an […]
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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