Our success story tells of a client we helped negotiate an ATO Payment Arrangement for, in order for them to avoid liquidation.
The cost of illegal phoenix activity
The direct cost of illegal phoenix activity was estimated to cost between $2.85 billion to $5.13 billion for the period from 1 July 2015 to 30 June 2016.
Plutus Payroll Case Study; Significant tax fraud
Plutus Payroll Australia managed to misappropriate approximately $167 million in PAYG tax owed to the ATO. With these funds they lived a lavish lifestyle, buying expensive houses, fast cars and travelling to exotic places. Single Touch Payroll reduces the chances of this type of fraud happening.
Garnishee Notices; How the ATO will garnishee your wages
Have you got a personal tax debt you are struggling to pay? This might include a debt for income tax or a debt under a Director Penalty Notice.
If you do, you need to be aware that the ATO can issue a Garnishee Notice to your employer to recover the debt.
Director Penalty Notices – Don’t Get Caught Out
Director Penalty Notices (DPNs) are just one of the broad range of powers available to the Australian Taxation Office to pursue delinquent debtors.
Business owners with outstanding ATO lodgements: Think before you act!
Submitting outstanding ATO lodgements in the belief that it will reduce exposure for your business may have the reverse effect. Find out what you can do here..
ATO debt help: A lifeline for your business
Businesses with large unpaid tax debts are in danger – but ATO debt help can assist with payments and become a lifeline for your business. Find out more…
Can’t Pay your Tax Debt? Negotiating a Payment Arrangement with the ATO
If you or your company can’t pay its tax debt its important you negotiate a payment arrangement with the ATO to avoid recovery action over your tax debt.
What is a Director Penalty Notice?
As a director, you must ensure your company complies with certain tax and super obligations – failure to do so, will result in your personal liability.
Categories
- ATO Debts
- Bankruptcy Assistance
- Business
- Business insolvency
- Business Solutions
- Corporate finance insights and updates
- Corporate liquidation
- Debt Agreements
- Debt management
- Financial Dispute Resolution
- Financial Dispute Resolution
- Informal Arrangement
- Informal Arrangements / ATO Payment Arrangements
- Liquidation
- Money management and bankruptcy
- Personal Debt Solutions
- Personal Debts
- Personal finance insights and updates
- Personal Insolvency Agreements
- Pre-Insolvency Advice
- Turnaround and Restructuring
- Uncategorized
Archives
- December 2020
- November 2020
- October 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- November 2019
- October 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- December 2016
- November 2016
- October 2016
- August 2016
- June 2016
- May 2016
- July 2015