ATO Payment Plan
We negotiate an ATO payment plan on your behalf, or optimise your existing payment arrangement, getting you into a compliant position that prevents further ATO legal action.
Making ATO payment plan contact is the first step to freedom from tax debt.
An ATO payment plan works like an insurance policy, putting you into a position of compliance that eliminates the risk of legal action.
As the ATO clearly points out, “if taxpayers don’t engage with us to manage their debt, we may take action to recover the debt.”
The impact of ATO debt recovery action can be far-reaching. When you are not in a compliant position, it is much harder to borrow money. If you receive a garnishee notice, it impedes your ability to trade. ATO legal action can also potentially lead to the loss of your business.
Simply speaking with the ATO and making voluntary payments will no longer protect you from ATO legal action. Making ATO payment plan contact by getting a compliant payment arrangement in place is the only way to protect yourself and guarantee no further legal recovery action.
But it can be stressful, disruptive and extremely time consuming to meaningfully engage with the ATO, especially when you have a business to run. That’s why it makes sense to get help from the professionals in tax debt negotiation. If what you need is some time, breathing space and a helping hand, then we can facilitate exactly that. We can negotiate an ATO payment plan that is affordable for you, your business and avoids the risk and stress of ATO debt recovery.
Tax debt payment plans that suit your needs.
There is no simple ‘one size fits all’ approach to ATO payment plans.
We recognise that every client has a different story and different cash flow position. Our team works with you closely to understand your ideal goal with the ATO. We don’t just work with numbers all day, we work with people.
Tax debt payment plans are not as simple as the amount of debt divided by a number of weeks or months. Different factors are taken into consideration in the case of ATO payment arrangements such as:
- your individual circumstances,
- past behaviour,
- and the history of lodgements and payments.
Having experts in how best to manage a tax debt means that you can achieve the best possible payment plan for your tax debt and financial needs. As specialists in dealing with the ATO, if your existing payment plan has become too difficult to manage, then we can renegotiate your payment plan with the tax office.
How we arrange and negotiate your ATO payment plan
What's different about Tax Assure
Singular focus
Tax debt negotiation and resolution is all we do. We aren’t insolvency practitioners or lenders first. Our work complements that of accountants with a separate and unique specialty: a deep understanding of how to advise on and negotiate with the ATO and state revenue offices to achieve the best possible reductions of tax debt.
Unrivalled experience
We are Australia’s most experienced tax debt advisors. Our principals each have more than 20 years’ commercial, legal and tax advice experience. We value highly the trust we have earned from our clients and partners over years of help paying tax debt.
Unique expertise
No other firm in Australia who only provides ATO debt resolution services is registered with the Tax Practitioners Board, whose regulation ensures we meet national standards of professional and ethical conduct.
Independence is strength
Our independence means we have the freedom to always do the right thing. We don’t answer to a parent company, insolvency practitioners, or lenders. Our sole motivation is to manage and reduce your tax debt, getting you into a compliant position with the ATO so you can get on with business.
CLIENT QUOTE:
- "I’m amazed at how efficient you were at finding a solution."
How we optimised an existing ATO payment plan
CHALLENGE:
- Our client, a height safety specialist, initially came to us in May 2021 when a significant debtor had failed to pay their invoices equivalent to $800K. At that time the ATO debt was accumulating, and the CFO didn’t know how to balance the demands of the ATO with the company’s cash flow.
SOLUTION:
- Tax Assure successfully negotiated a sustainable payment arrangement for the ATO. However the client returned to us in February 2022 as COVID-19 caused site closures and labour shortages for the business, further tightening cash flow.
RESULTS:
- We were again able to negotiate a new payment arrangement for the client within the company’s cash flow, accounting for potential downturns if COVID-19 impacted the business again.
The Many Benefits Of A Tax Debt Payment Plan
What Our Clients Say
Tax Assure has been the best to deal with. They genuinely care about my business — and about helping me reach my end goal. I highly recommend getting in touch if you’re dealing with any tax debt.
– Tyson, via Google
