Small Business Struggling with Tax Debt? Learn How to Navigate ATO Challenges
Are you a small business owner or sole trader juggling numerous responsibilities, from day-to-day operations to tax compliance? Despite your efforts, many small businesses find themselves facing tax debt challenges. Chief economist Anneke Thompson highlights the growing difficulty for small and medium businesses, notably with increased trade payment defaults exacerbated by elevated interest rates. Construction firms, professional services, food […]
Overcoming Tax Debt Stress: Strategies for Mental Well-being
When we mention “tax,” it conjures various emotions and reactions—from concern to headaches. We’ve all procrastinated or felt discouraged about tackling taxes. The complexity of tax systems and the financial burden can be overwhelming. According to the American Psychological Association, financial worries top the list of stressors for adults, with tax debt being a significant trigger for […]
Our Success Stories: The Impact Tax Assure Can Have on Your Business
Today, we are seeing an increase in Tax Debt at a record high level, combined with increased measures the ATO is taking to recover the debt. Now more than ever, we are committed to helping all businesses navigate tax debt. Our founding principle revolves around providing specialised tax debt services to alleviate the burden on businesses. […]
ATO’s Spilling the Tea on Tax Debt to Debt Collectors | Tax Assure
It has been well documented, that since the COVID pandemic the ATO have stressed the importance of businesses addressing their tax debts… and now they are spilling the tea to external debt collectors. Anthony O’Brien, Small Business and Personal Finance writer at Money Magazine, recently shared some valuable insights into the ATO’s actions. Some good points […]
