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Stop ATO Legal Action

If you have a tax debt, you are at risk of ATO debt collection against you and your business. We deal with the ATO on your behalf to prevent any impending or further legal action.

Combat ATO debt collection powers with experts in tax debt

If you don’t manage your tax debt correctly, you are at risk of legal recovery action against you and your business.

These actions can include:

Credit Bureau Reporting
ATO garnishee notices
Director Penalty Notices
Winding Up Proceedings
Personal Bankruptcy

The ATO has very specific practices as to what action will be undertaken to recover your tax debt amount. Delaying or ignoring your tax debt can only make matters worse. Early engagement with the ATO is the most effective way to stop legal recovery action.

For example, the ATO will not report your debt information to credit reporting bureaus if you are already engaged with them in the process of managing your tax debts. This is where Tax Assure can help. As experts in dealing with the ATO, we know that the sooner the ATO is contacted, the better the prospects of helping you get on top of your tax debt. If you have already received a Director Penalty Notice or ATO Garnishee Notice, Tax Assure can assist and prevent any further legal action.

How we put a stop to ATO legal action

1. Tax debt review

ATO debt recovery is navigated by engaging with the ATO. Once we receive the appropriate permissions, we contact the ATO on your behalf to understand your circumstances, such as the stage of the ATO’s legal action, any previous defaulted payment arrangements, the issue of legal warning letters, and any pending or imminent ATO legal action.

2. Tax debt resolution report

We analyse your current tax debt with the ATO, such as the nature of the ATO’s recovery action against you, the stage of the ATO’s action, and the issue of legal warning letters. We then provide you with a report detailing our strategy for resolving your tax debt, the process, and the fees
involved.

3. Preparing an application

The most common way to alleviate ATO debt recovery action is by establishing an ATO payment plan or by Negotiating your tax debt, so the next step involves preparing the relevant application. Where this is not possible, we can help direct you to the appropriate experts, which may involve challenging your tax debt.

4. Outcome and review

Applications are typically prepared and lodged, and an outcome obtained within 6-8 weeks. However, if there is a relevant financing or legal deadline, we always work within those parameters, and can achieve outcomes within 24-48 hours after receiving the appropriate authorisations. If the application is not accepted at the first attempt or if further negotiation is required, then we keep working until you achieve a result.

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:

“Thank you so much for your help. It’s a fantastic outcome. You’ve been a pleasure to deal with and provided a real level of comfort during a stressful period.”

When the ATO demands upfront payment

CHALLENGE:

A recruitment firm in Sydney supporting the world’s highest growth tech firms accumulated $1.4M in tax debt as a result of mismanagement by its internal COO at the time,
compounded by effects of the COVID-19 lockdowns across the world when, overnight, 75% of all its business was lost.

SOLUTION:

The client was unable to meet the 50% upfront payment the ATO was demanding, and was introduced to Tax Assure by a finance broker to negotiate the tax debt and arrange an
appropriate payment plan.

RESULTS:

We achieved a reduction of $330,000 of general interest charges and penalties, as well as a long-term Payment
Arrangement with low initial payments to enable the
company’s cash flow to strengthen over time.

CLIENT QUOTE:

"Thank you so much for your help. It’s a fantastic outcome. You’ve been a pleasure to deal with and provided a real level of comfort during a stressful period."

When the ATO demands upfront payment

CHALLENGE:

A recruitment firm in Sydney supporting the world’s highest growth tech firms accumulated $1.4M in tax debt as a result of mismanagement by its internal COO at the time, compounded by effects of the COVID-19 lockdowns across the world when, overnight, 75% of all its business was lost.

SOLUTION:

The client was unable to meet the 50% upfront payment the ATO was demanding, and was introduced to Tax Assure by a finance broker to negotiate the tax debt and arrange an appropriate payment plan.

RESULTS:

We achieved a reduction of $330,000 of general interest charges and penalties, as well as a long-term Payment Arrangement with low initial payments to enable the company’s cash flow to strengthen over time.

March 1, 2023

How To Avoid ATO Debt Collection

Putting it off or hoping that the issue will miraculously just work itself out or go away is a very dangerous path to take.

What Our Clients Say

“The best in their field at helping business owners and individuals address their outstanding tax debt obligations including in some instances getting very impressive reductions and refunds. Olga is first class to deal with, knowledgeable, responsive, professional and transparent in all aspects of the dealings. I have no hesitation in recommending Olga and the
Team at Tax Assure Melbourne.”

– Shane, via Google

Frequently Asked Questions

01Do you lend money to help resolve tax debt?

No. Tax Assure is not a financier and does not lend money to our clients.

Many clients' ideal scenario is for us to negotiate a long-term repayment plan directly with the ATO, with a manageable monthly repayment schedule for the capital debt, and no third party finance. And this is what often happens.

However, if finance is required, we can put you in touch with some good people from our wide network of contacts. Or we can support and advise you as you engage with your own contacts.

We often work as part of a virtual team (which can include accountants, advisors, financiers or brokers), with our only priority being to create the most effective, beneficial solution for you.

02What is a director penalty notice?

If you are a company director, then it is your responsibility for “ensuring that the company’s tax and super obligations are reported and paid on time.”

If your company does not pay the relevant amount or liabilities by the due date, the ATO can recover these amounts from you personally in the capacity of a current or former company director.

Recovery of these penalty amounts can begin once you have been issued an ATO Director Penalty Notice.

03What is a garnishee notice?

An ATO garnishee notice can be issued to a person or business that holds money for you or may hold money for you at a future date. You will be sent a copy of such a notice.

The notice requires that person or business to pay your money directly to the ATO to reduce your tax debt.

For individuals, a garnishee notice may be issued to:

- your employer or contractor
- banks, financial institutions and building societies where you hold accounts?
- people who owe money to you from the sale of real estate such as purchasers, real estate against and solicitors

In the case of businesses, a garnishee notice can be issued to:

- your financial institution
- trade debtors - supplier of merchant card facilities

Stop ATO Legal Action

Combat ATO debt collection powers with experts in tax debt

How we put a stop to ATO legal action

What's different about Tax Assure

Singular focus

Unrivalled experience

Unique expertise

Independence is strength

CLIENT QUOTE:

When the ATO demands upfront payment

CHALLENGE:

SOLUTION:

RESULTS:

CLIENT QUOTE:

When the ATO demands upfront payment

CHALLENGE:

SOLUTION:

RESULTS:

How To Avoid ATO Debt Collection

What Our Clients Say

Frequently Asked Questions

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

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