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Professional Standards Legislation.
07 Apr
ATO Intensifies Recovery Action for Small Businesses
The Australian Taxation Office (ATO) is intensifying its efforts to collect outstanding tax debts, focusing particularly on small businesses. As of early 2025, the ATO’s collectable tax debt stands at approximately $50 billion, with a significant portion owed by smaller businesses. Key Developments in ATO Debt Recovery In 2025 the ATO is taking the following […]
Read more 08 Nov
What happens to your builder’s license if your company goes into liquidation?
If you are in the building industry in Queensland, chances are you or your company holds a license issued by the Queensland Building and Construction Commission (“QBCC”). The QBCC is a statutory body set up to regulate the construction or building industry. The QBCC Act (Qld) 1991 contains provisions that allow the QBCC to exclude […]
Read more 10 May
Total unpaid tax debts top $44 billion
Debts 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 […]
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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.
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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