The ATO can completely release an individual from some or all of their tax debt if they would suffer ‘serious financial hardship’ if they had to pay it.
The ATO commenced debt recovery action and would not accept a payment plan. However Waterhouse Lawyers negotiated a Garnishee arrangement so that the company could continue […]
These are the steps that the ATO takes when it starts legal action to recover a tax debt from an individual (i.e. as a sole trader, an employee, or a partner in a partnership).
The ATO can charge a penalty of up to 90% of the primary tax debt if it issues you a default assessment or a notice of estimate. Read about how these default penalties are calculated and how they can be reduced.
If the ATO wants to collect a tax debt from you, it doesn’t have to prove you owe the debt, or even that the amount it is trying to collect from you is correct. This is because of the conclusive evidence rule.
The ATO can issue a Departure Prohibition Order (DPO) to stop you from leaving Australia. This is effective until you pay your tax or settle with the ATO.
The ATO can remit the general interest charge in certain situations. This article looks at those situations and provides guidance on how and when you can make a request.
The Australian Taxation Office (ATO) may issue a Garnishee Order if you fail to meet your tax debt payment obligations. However, you must be left with […]