In times marked by soaring interest rates, a cost-of-living crisis, and the aftermath of a pandemic, many individuals and businesses find themselves grappling with the challenges […]
You should act immediately if you have received an ATO Statement of Claim because ignoring a tax debt can have serious legal and financial consequences for […]
The treatment of a tax debt in divorce proceedings is a critical consideration when the parties assets are being divided between them. Tax debts incurred by […]
If your tax debt includes tax penalties and/or general interest charge (GIC) you can apply for a reduction or elimination of the tax penalty and/or GIC. […]
The ATO does not 'cut a deal' with taxpayers on a commercial basis. The law doesn't allow it. But there are some parts of the law that allow for a tax debt to be reduced. This article explores these options.