How we helped a client use a Personal Insolvency Agreement to settle a tax debt
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
Restaurant business with a tax debt; what are the risks and what can you do
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
ATO beginning to refer businesses to credit reporting agencies
ATO beginning to refer businesses to credit reporting agencies

In 2019, the Federal Parliament passed the Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Act 2019. This legislation allows the ATO to, among other things, disclose the details of a company owing more than $100,000 in tax debt to credit reporting agencies (CRAs) e.g. Equifax, Illion and Experion. The ATO however, […]

Read more
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





    Loading...