Can I be released from my ATO debt?April 23, 2020
I can’t afford my payment plan. What loan options are available to pay my tax debt?April 23, 2020
ATO Payment plan terms generally are no longer than 2 years. However, the ATO does have some discretion for increased plan terms in exceptional circumstances. Although, the circumstances to obtain a plan in excess of two years are very few. As a result if you cannot pay a tax debt in 2 years it may be advisable to seek a business loan to pay the tax debt.