ATO Active Debt Collection
Due to the debilitating impact of the COVID-19 pandemic in recent years, the Australian Taxation Office (ATO) postponed active tax debt collection to assist with cash flow as businesses rode the storm.
How to Manage ATO Tax Debt
In this excellent piece, Olga Koskie from Tax Assure is interviewed by one of our finance partners, Tarek Omar from Roystone Capital.
Can ATO tax debt be written off?
The short answer to this is NO. The ATO simply does not write off primary (core) debt. And they don’t do “deals” on primary debt.
Roadmap to Re-start: Your plan for when “on hold” becomes “due now”
Throughout Covid, the ATO has been our access point for stimulus payments, as well as deferrals and “on hold” arrangements… which have helped many businesses keep trading during this crisis.
ATO refunds: the time is now
I don’t tend to mention this at dinner parties, but one of my favourite subjects at the moment is Interest and Penalties on ATO debt. Stay with me… there’s more to get excited about here than you may think!
We’re all ears
Since the world changed in February/ March, a lot of people have done a lot of talking: how we should do this, the best way to do that. Everyone seems to have a lot to say.
“The work you do is truly life changing”
I’m not in the habit of sharing my SMS messages on LinkedIn, but yesterday I received this text from a client: “I want to say thank you for the amazing job you have done in such a short space of time.
