Struggling to Pay Tax Debt?
In the wake of the Australian Taxation Office (ATO) intensifying its pursuit of businesses and company directors with outstanding tax liabilities, many Australians are seeking solutions to manage their tax debts.
Don’t Let Tax Debt Close Your Doors! Take Action Now
The Australian Taxation Office (ATO) is one of the biggest triggers for company liquidations – and personal bankruptcies. So, if you’re struggling with overwhelming tax debt, it’s time to take control and deal with the situation before they come knocking.
As tax debt experts, we work to help you manage your tax debt by negotiating relief with the ATO for you and formulating a repayment plan. We can also help you refinance existing mortgages to pay out your tax debt or potentially restructure your business.
The key to success and avoiding the ATO taking steps to recover the debts is communication and transparency. Even seemingly insurmountable tax debt can be overcome when dealt with openly and honestly. Our aim is always to look at ways to protect your assets, preserve your wealth, and ease the mental strain.
When to seek help?
If you’re facing any of these situations, seek help as soon as possible:
- Owe money to the Australian Taxation Office (ATO)
- Unsure about making an upcoming tax payment
- Missed a deadline for PAYG or BAS lodgement
- Behind on superannuation contributions
- Having trouble paying your staff
- Struggling to afford an accountant
- Early action is key to avoiding penalties and complications.
While managing the complexities of day-to-day business operations and cash flow, you may have found yourself in the position of owing a tax debt to the ATO. If so, it’s essential to understand the root causes and seek proactive solutions to swiftly resolve the tax liability to avoid penalty action. At Save The Business, our finance solutions can help businesses optimise cash flow and pay down debt — including tax debt.
How we solve your problems?
- Book a free consultation In-person, over the phone or video call.
- Consultations ranging from 20 minutes to 1 hour to Identify the situation with our team of experts.
- STB will provide the most comprehensive solution.
- Our service is Australia-wide.
During such trying circumstances, navigating the next steps can be daunting, especially when your company faces financial hardship.
Acting swiftly is crucial in order to potentially avoid liquidation, administration, being served a DPN. or facing many other stressful outcomes. So, our invaluable guidance in comprehending your company’s available options immediately.