The ATO’s annual report for the financial year ended 30 June 2024 has shown that Australia’s tax debt has continued to rise. What are the current total tax debts The ATO has reported that: Total collectable tax debt now totals $52.9 billion increasing from approximately $50 billion in 2023. Total debt (being collectable debt, debt […]
Read moreThe 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 moreHave you or your company got a large tax debt? Do you want to get the debt reduced? Well, now is the best time to ask the ATO to reduce your tax debt.
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If 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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