Blogs
That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
Blog
Throwing money at a tax debt isn’t a strategy; it’s just plain stupid. A tax debt says there is a problem here; get that fixed first
Our company has spent years negotiating with the ATO. If they hear a story to be reasonable and they think there is a plan in place – then they give time. (If they don’t phone back in and talk to a different case manager)
The how, why, and where of tax debt
The how, why, and where of tax debt Here is our document that we would like you to read through. It gives background to how we help with tax debt and how we find solutions. It comes with no conditions.
Businesses’ biggest conundrum (and really, only conundrum)
Your Business Angels have been working with SMEs for over 28 years. There is only one problem that establishes businesses or those who have started the initial start-up face: debt that they cannot repay while operating a profitable and somewhat decent business.
The ATO has decided to draw a line in the sand and is taking more decisive action against businesses with outstanding tax debts.
This is what the ATO strategy is, and it’s not good news. The ATO will first attack a business’s ability to operate and borrow money – weakening a business before it goes through the longer process of chasing money.