Tax Debt FAQs

There are several reasons a tax bill can occur, which we have found tend to fall into the categories below: Firstly, misunderstanding of your tax obligations. […]

Yes, if your debt is under $100,000, it can be set up via automated phone prompts. Also, you can set up payment plans direct with the […]

The ATO guidelines for releasing tax debt are related to the type of tax debt and your situation. As such, in certain cases, you may be […]

If you can’t pay your tax debt, there are several options: Firstly, Tax debt hardship application which includes payment plans with the ATO directly. However, you […]

Yes, several short-term lenders offer business tax debt loans. They are also other business loans such as invoice factoring, and trade finance designed to provide working […]

Borrowing to pay a tax debt is very much the same as traditional lending. However, there are some differences in policies because of the higher risk […]

Traditional lender policy will not allow lending for tax debt purposes. However, there are private and specialised lenders able to assist. Firstly, unpaid tax debt in […]

Navigating the ATO financial hardship policies is complex. Therefore, to gain hardship approval you will need sufficient supporting evidence for ATO approval. Furthermore, successful tax debt […]

Applying for ato tax debt hardship with the ATO is quite an easy process. However, gaining an ATO hardship approval needs to fit within the ATO […]