Tax Debt FAQs

Tax debt related FAQs

January 8, 2024

How much debt is owed to the ATO?

As of September 2023, the tax debt owed to the Australian Taxation Office (ATO) stands at approximately $50.2 billion. However, small business collectible tax debt accounts for […]
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

 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 […]