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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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Latest Videos

Tax Assure's Olga Koskie recently sat down to chat with Shane Deane from DyeCo Insolvency & Turnaround to chat about Tax debt, DPNs (Director Penalty Notices) & SBRs (Small Business Restructures).

In this clip from a longer conversation, Shane & Olga look at how expired Director Penalty Notices work under an SBR, what personal liability remains when ATO debts are settled, and a case in which it was possible for a client to minimise penalties and interest when a superannuation default was involved in their ATO default.

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If you or your business is struggling under the burden of tax debt, drop us a line at:
hello@taxassure.com.au
ph. 1300 952 295
www.taxassure.com.au
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Find out more about Dye & Co Solvency and Turnaround at:
solutions@dyeco.com.au
ph. 03 9818 8800
https://dyeco.com.au/
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#DirectorPenaltyNotice #ATOdebt #SmallBusinessRestructure

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 authors disclaim any liability for actions taken or not taken based on the content of this video.

How ATO payment plans can help directors with expired DPNs | Olga Koskie & Shane Deane

Tax Assure's Michael Moon & Olga Koskie got together to discuss the state of ATO debt as we head into the 2025 elections.
in this quarterly look at the state of Australian tax debt, Olga & Michael discuss how business and individual compliance histories weigh heavily in ATO decision making, how GIC (General Interst Charges) are being calculated heading forward, how voluntary payments are not the same as being in a payment plan, how small business restructures can affect funding solutions, and they take a look into their crystal ball to predict ATO policies over the upcoming quarter.

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If you or your business is struggling under the burden of tax debt, drop us a line at:
hello@taxassure.com.au
ph. 1300 952 295
https://www.taxassure.com.au
--------------------------------
#ATO #taxcompliance #taxdebt

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 authors disclaim any liability for actions taken or not taken based on the content of this video.

Chapter:

00:00 - Introductions
00:21 - Michael Moon summarises 2025 first quarter ATO actions
01:05 - Likely effects of the May 2025 election on ATO activity
03:15 - The importance of lodging and staying compliant with the ATO
04:35 - Compliance weighs heavily in ATO decision making
05:55 - Background checks and the data not included on portals
07:38 - ATO's Orange warnings & Red warnings
08:13 - The ATO's GIC (General interest charges) calculations are changing
10:29 - The only protection from the ATO is having a payment plan
11:24 - Client case : Voluntary payments are different to payment plans
12:35 - Client case : a bank's missed payment resulted in ATO actions
14:02 - Client case : there is no guaranteed protection if you have outstanding ATO debt
15:09 - SBRs (Small Business Restructures) can put you in a difficult position with the ATO
16:50 - Director loans and directors drawing money without an actual salary
18:18 - Client case : Engineering company mistakenly went down the insolvency route
19:53 - SBRs can cause serious funding issues
21:50 - ATO activity predictions for the 2nd quarter of 2025
23:00 - ATO automated collection activities are here to stay

The state of tax debt as we head into the 2025 election | Olga Koskie & Michael Moon

At Tax Assure we often encounter situations in which we need to refer clients to other business specialists. Likewise, we are often recommended by accountants and business loan specialists.
In this clip from a longer conversation with Moneybee's Danny Tuttlebee, Michal Moon discusses how a client we share recently used strategic loans to help solve cash crunches with an ATO debt component.

We are currently working with Moneybee on some ATO negotiations that required restructuring & recapitalising of company debts. When these debts are under control, companies can square things with the ATO and their other creditors, and get back to the business of growth.

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Find out more about Moneybee here:
https://moneybee.com.au/
ph. 0401 374 996
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If you or your business is struggling under the burden of tax debt, drop us a line at:
hello@taxassure.com.au
ph. 1300 952 295
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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 authors disclaim any liability for actions taken or not taken based on the content of this video.

#ATOpaymentplan #businessloans #debtrefinancing #atodebt

How ATO negotiation & strategic loans fixed a $1.4mil tax debt | Michael Moon & Danny Tuttlebee

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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

All posts from our blog

May 5, 2025

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

August 29, 2019

Will ATO legislation block your access to credit?

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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