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11 Mar
Tax Debt in Australia Continues to Rise
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 more 21 May
ATO Threatening Director Penalty Notices
In November last year, we wrote about the ATO taking steps to compel businesses to comply with tax obligations. The ATO was issuing letters to tax debtors warning them of the risk of being reported to creditor reporting agencies. This power was provided by the Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. […]
Read more 11 Jun
Coronavirus Changes to Insolvent Trading Laws
A company is insolvent if it cannot pay amounts that it owes to creditors when they become due and payable. There are a number of issues that a Liquidator will look at in determining whether to pursue an insolvent trading claim. Due to the coronavirus pandemic the Federal Government has made various changes to the […]
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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