The ATO has recently introduced new tax laws, meaning they can potentially report or disclose tax debts to credit reporting agencies. This could have devastating effects on your next loan application.
If you have overdue ATO tax debts such as income tax, BAS or IAS statements, or for other debts, penalties and interest charges, you will need to make an ATO payment arrangement to pay your debt off in manageable regular payments, to help you avoid being reported.
You can do this yourself, by calling the ATO on 13 28 69, or for IN8 or Ban Tacs Brisbane clients, contact our Reception on 1300 911 227, or email us at financials@in8businessadvisory.com.au, and we will arrange this on your behalf.
