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The place for news and expert opinion on tax debt and related issues.

Tax Assure’s blog is designed to be your comprehensive resource for insightful articles and practical tips on ATO debt management, timely tax news, and all the latest Tax Assure updates including team news and stories of successful tax debt resolution.

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ATO’s Spilling the Tea on Tax Debt to Debt Collectors | Tax Assure

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Latest Videos

If you're facing a large ATO tax debt, outstanding lodgements, or pressure from recovery action, this conversation could save your business. In this episode, Olga Koskie from Tax Assure sits down with Dimitri Bourandanis from Bellmonts Accountants & Advisors to discuss why specialist advice can make a dramatic difference for businesses struggling with tax debt. They share a real-life case where a business owner believed they owed $1.5 million in tax debt and was preparing to remortgage and potentially sell their family home. After the matter was reviewed by the right specialists, restructuring and expert advice reduced the liability to around $150,000—demonstrating the importance of understanding your options before making life-changing decisions. The discussion explores how accountants and tax debt specialists work together to achieve the best outcomes for clients, why specialist referrals strengthen client relationships rather than replace them, and how many businesses can be saved without resorting to liquidation. If you're a business owner, accountant, bookkeeper or adviser, this episode provides practical insights into navigating ATO debt, outstanding lodgements and finding the right support before problems escalate. The conversation covers: -How specialist advice can dramatically reduce tax liabilities in the right circumstances -Why you shouldn't assume the ATO's initial position is the only outcome -How accountants and tax debt specialists collaborate for better client outcomes -Why many businesses with tax debt are still viable and can be rescued -The importance of seeking help early instead of delaying action -What to do if you're behind on BAS, tax returns or other ATO lodgements -Why business owners shouldn't feel embarrassed about asking for help 🔔 Subscribe for more expert discussions covering tax debt, business advisory, legal matters and financial solutions for Australian businesses and individuals. -------------------------------- Drop Tax Assure a line at: 📧 hello@taxassure.com.au ☎️ 1300 952 295 https://www.taxassure.com.au ---------------------------- Drop Bellmonts a line at: 📧 admin@bellmonts.com.au ☎️ +61 3 8849 0090 https://www.bellmonts.com.au ------------------------------ #ATO #SMEdebt #ATOPaymentPlan ---------------------------- Disclaimer: The information provided in this video is for general informational purposes only and does not constitute professional advice. While we make every effort to ensure the accuracy and relevance of the content, it should not be relied upon as a substitute for consultation with qualified professionals, including legal, financial, or tax advisors. Each business situation is unique, and we recommend seeking tailored advice that considers your specific circumstances before making any decisions regarding tax debts, insolvency, or related matters. Tax Assure and its guests disclaim any liability for actions taken or not taken based on the content of this video. Chapters: 00:00 - A $1.5 million tax debt reduced to $150,000 00:42 - Why specialist advice changes outcomes 01:57 - Using the right specialists for your business 02:35 - Saving viable businesses from liquidation 03:15 - Will a tax debt specialist "steal" your accountant's client? 04:14 - The GP versus specialist analogy 05:15 - Advice for business owners behind on lodgements and tax debt
From a $1.5 million ATO debt to $150k: Why you need tax experts | Olga Koskie & Dimitri Bourandanis
The ATO does not just "forget" about your outstanding tax debt. Today, the ATO has more sophisticated data matching tools than ever before. The digital world ensures that the ATO will catch up with you, and when they do, it is to your financial advantage to have a history of compliance. Eat the frog and act on your ATO debt today! 🔔 Subscribe for more expert discussions covering tax debt, business advisory, legal matters and financial solutions for Australian businesses and individuals. --------------------------------- Drop Tax Assure a line at: 📧 hello@taxassure.com.au ☎️ 1300 952 295 https://www.taxassure.com.au ---------------------------- Disclaimer: The information provided in this video is for general informational purposes only and does not constitute professional advice. While we make every effort to ensure the accuracy and relevance of the content, it should not be relied upon as a substitute for consultation with qualified professionals, including legal, financial, or tax advisors. Each business situation is unique, and we recommend seeking tailored advice that considers your specific circumstances before making any decisions regarding tax debts, insolvency, or related matters. Tax Assure and its guests disclaim any liability for actions taken or not taken based on the content of this video.
The ATO Does Not "Forget"! | Olga Koskie #ATO #datamatching
If you have outstanding ATO debt engaging early makes getting compliant that much simpler. Getting compliant means that the liklihood of ATO recovery actions is reduced and you'll come out the other side with more cash in hand. DOn't delay, Eat the frog! 🔔 Subscribe for more expert discussions covering tax debt, business advisory, legal matters and financial solutions for Australian businesses and individuals. -------------------------------- Drop Tax Assure a line at: 📧 hello@taxassure.com.au ☎️ 1300 952 295 https://www.taxassure.com.au ---------------------------- Disclaimer: The information provided in this video is for general informational purposes only and does not constitute professional advice. While we make every effort to ensure the accuracy and relevance of the content, it should not be relied upon as a substitute for consultation with qualified professionals, including legal, financial, or tax advisors. Each business situation is unique, and we recommend seeking tailored advice that considers your specific circumstances before making any decisions regarding tax debts, insolvency, or related matters. Tax Assure and its guests disclaim any liability for actions taken or not taken based on the content of this video.
Engage with the ATO early on! | Olga Koskie #ATOdebt #Taxdebt
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The state of ATO debt in May 2024 | Michael Moon & Olga Koskie

Debt psychology & how to rebuild your business | Olga Koskie & Michael Partis

Asset Based Lending's Business Insights Breakfast Event | with Aptum, Lloyds & Tax Assure

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All posts from our blog

Decorative text 'From the Director's Chair' Tax Assure Directors group shot in office

Tax Debt Negotiation: Why the First Move Matters

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Decorative text 'From the Director's Chair' Tax Assure Directors group shot in office

Tax Debt Negotiation: Why the First Move Matters

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When to Refer Your Client to a Tax Debt Specialist

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Director Penalty Notices Explained, Lockdown DPNs, SBRs and Personal Liability

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Own the tax conversation, own the client

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For Brokers: Why Compliance Is the Key to Keeping Deals Alive

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Remission Isn’t Pot Luck: Why Specialists Deliver Better Outcomes with the ATO

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The Anxiety of ATO Tax Debt — and Why the Right Payment Plan Matters

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Tax Debt in 2025: What Every Business Owner and Director Must Know

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GIC & SIC No Longer Deductible from 1 July: What You Need to Know

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How to Overcome Tax Debt and Regain Control of Your Business

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Contact us today for your free 30 minute Tax Debt Evaluation.

Our specialist tax debt advisors are available now to help you understand your tax debt with the ATO and the process for resolving your debt.

Once we receive the appropriate authorisations to contact the ATO on your behalf, we will provide you with a tax debt resolution strategy report within 48 hours, outlining our recommended next steps.

Phone 1300 952 295
Email [email protected]
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