Case Study: ATO Payment Plan Defaulted? How We Got This Client Back on Track
Tax Debt Case Study In an ideal world, we’d never see our clients again. Once their tax debt is resolved, that’s it, done. But if you ever do need us again, we’re here, because business is complex and unpredictable, and sometimes it happens more than once. This is one of those cases. Key takeaways A […]
Tax Debt Negotiation: Why the First Move Matters
What Payday Super, the 11.43% GIC and the Tax Ombudsman’s 2026 reviews add up to for businesses carrying ATO tax debt. When you look at everything in this edition of In Brief side by side, it can read like a list of separate developments. Payday Super going live. The GIC rate climbing again. A new […]
When to Refer Your Client to a Tax Debt Specialist
Part of the Tax Assure Advisor Insights series, where our team sits down with specialists from across the wider business advisory space to talk through what’s actually happening for directors and the businesses we work with. If you advise small and medium businesses, as an accountant, broker, business consultant, lawyer, or fractional CFO, you have […]
Director Penalty Notices Explained, Lockdown DPNs, SBRs and Personal Liability
Part of the Tax Assure Advisor Insights series, where our team sits down with specialists from across the wider business advisory space to talk through what’s actually happening for directors and the businesses we work with. We’re seeing more Director Penalty Notices arrive on directors’ desks than we were a year ago. Most have one […]
How to Overcome Tax Debt and Regain Control of Your Business
As a business owner, facing tax debt can feel overwhelming, like a weight that constantly drags you down. It impacts not just your finances but your mental and emotional well-being, leaving you feeling stuck and unsure of where to turn for help. After years of working with businesses at Tax Assure, I’ve seen first-hand how […]
Understanding The Effects of Insolvency for Companies & Directors with ATO Tax Debts
Did you know that the average tax debt owed to the Australian Tax Office (ATO) has nearly doubled in just a few years? The consequences of these debts can be severe, especially for directors who face personal liability under the ATO’s Director Penalty Notices (DPNs). When companies slide into insolvency, both the company and its directors confront […]
What to Do If You Receive an ATO Director Penalty Notice (DPN)
Receiving a Director Penalty Notice (DPN) from the Australian Taxation Office (ATO) is a stressful experience for business directors. A DPN makes directors personally liable for unpaid company debts, such as GST, PAYG withholding, and superannuation. It’s a serious issue, but there are steps you can take to protect yourself and resolve the debt before […]
Navigating ATO Debt: What Every Business Owner Needs to Know
In recent months, the Australian Taxation Office (ATO) has significantly increased its focus on recovering tax debts. For business owners across the country, this has created a new wave of stress, with many feeling unsure of how to manage their financial obligations or, worse, whether their businesses can survive. However, it’s essential to recognise that […]
Stop ignoring your Tax Debt and eat the frog | Tax Assure
Why You Should Eat the Frog! Having a tax debt is generally an overwhelming experience. Along with the financial strain, you are likely feeling confused and anxious about what may happen next. It’s understandable you may be tempted to avoid your debt – but please don’t! Metaphorically, it’s time to eat the frog! In short, eating the frog is […]
Women In Finance | Tax Assure
The annual Women in Finance Awards recognises and acknowledges the leading women in the Australian Finance Industry for their professional excellence and outstanding contributions.
ATO Corporate Plan – Everything You Need To Know
The ATO have recently released their 2023-24 Corporate Plan, and it clearly demonstrates they mean business. With $45 billion in unpaid business tax debt, and $30 billion of this owed by small business, the ATO are very clear in expressing the measures that will be taken to retrieve this debt and to work with businesses to prevent debt accumulating.
As the ATO keeps pace in times of change, their approaches are adapting and evolving to support business whilst serving as Australian Government’s principal revenue collection agency.
The Many Benefits Of A Tax Debt Payment Plan
There are many things that could go through your head and you may even feel like there is no clear path out of the situation.
