Tax Debt FAQs

Tax debt related FAQs

April 23, 2020

What Is the tax debt loans application process?

The loan process varies depending on the type of tax loan. However, see below the Loan Saver Network loan process: Firstly, we discuss your financial situation […]
April 23, 2020

What are the Australian Tax Office collection methods for tax debt?

The ATO has several collection methods at their disposal for collection of ongoing and outstanding payments. As a result, you may encounter, or use the methods […]
April 23, 2020

Why is the ATO debt collection so forceful?

Of course, selling your products and services is paramount to every business. However, meeting your tax obligations is critical. As a result, we have seen the […]
April 23, 2020

What is the LVR available for tax debt loans?

We have lenders who can go up to 90% LVR against your security property. However, some factors affect the LVR, such as: Firstly, the type of […]
April 23, 2020

Can finance be obtained with bad credit?

We have helped many people obtain finance even when there is bad credit. Indeed, the various forms of bad credit include: Firstly, minor defaults such as […]
April 23, 2020

I received an ATO wind up? If my business closes, the ATO will get no money. Why?

The ATO has several mandates under their taxation provisions. As a result, if you don’t pay tax or manage your obligations: Firstly, the ATO sees your […]
April 23, 2020

 Will ATO bankrupt me?

Yes the ATO can bankrupt individuals. However, businesses are wound up under an involuntary business wind up or liquidation. Certainly, someones financial situation can be investigated and understood […]
April 23, 2020

Why do I have a tax debt?

There are several reasons a tax debt can occur, which we have found tend to fall into the categories below: Firstly, misunderstanding of your tax obligations. […]
April 23, 2020

I have a Tax Debt to the ATO, can I set up a payment plan?

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 […]