ATO Debt Solutions & Business Finance

The business hasn’t failed. Quite the opposite. Three years ago, annual turnover was: $4.6 million. Today: $9.2 million. Employees have increased. Customers have increased. The business has bought more equipment. There is more work booked than ever before. And yet: ATO debt: $465,000. The owner says: “How can doubling the business leave me owing nearly

The accountant says the business made a profit. Turnover: $8.8 million. Operating profit: approximately $940,000. The business has plenty of work. Customers are paying. Employees are busy. Yet the business owes the ATO: $410,000. The owner looks at the financial statements and asks: “If we’re making nearly a million dollars, where is the money?” That’s

The business owes the ATO: $475,000. There’s property available. Estimated value: $2.6 million. Existing mortgage: $980,000. The owner looks at those numbers and thinks: “There’s more than enough equity. Why don’t I just refinance the ATO against the property?” Potentially, property may form part of a finance solution. But don’t jump from: “I have equity”

The business owner says: “We owe the ATO about $320,000 and I need $450,000 in business finance.” Okay. Then comes the next piece of information. Two BAS lodgements are outstanding. The latest company tax return isn’t finalised. Suddenly: $320,000 isn’t necessarily the number we should be building the finance strategy around. The business may owe

The business originally owed the ATO: $440,000. A payment arrangement was negotiated. For a while, the business maintained it. Then: one payment was missed. Then another. The arrangement failed. The owner is now worried that the default means: “No lender will touch us.” Not necessarily. But a defaulted ATO payment arrangement can change the finance

Your business owes the ATO: $360,000. You’re already doing something about it. There’s an agreed payment arrangement in place. Every week: $4,000 is paid towards the historical tax debt. The payments are current. Required lodgements are up to date. The business isn’t asking for finance to pay the ATO. Instead, you need: $280,000 to purchase

A business owner calls and says: “We owe the ATO nearly $500,000. Is there any point even applying for finance?” My answer isn’t based on the $500,000 alone. I want to know what sits around it. Because: $500,000 of ATO debt can be an enormous problem for one business and a manageable historical liability for

Every Friday: $8,000 leaves the business account. Not for wages. Not for fuel. Not for suppliers. Not for equipment. It’s the agreed weekly payment towards: $420,000 of historical ATO debt. The business is maintaining the payment arrangement. It hasn’t ignored the debt. It hasn’t simply stopped paying. But after payroll, suppliers, equipment repayments and the

The business owes the ATO: $485,000. There is a payment arrangement in place. Every week: $9,000 leaves the business account. Payroll comes out. Suppliers get paid. Equipment finance gets paid. Fuel cards are cleared. Then another: $9,000 goes towards the historical ATO debt. The business owner isn’t refusing to pay the tax debt. They’re paying

You need: $150,000 for the business. But there’s a problem. The business already owes: $78,000 to the ATO. Maybe you’re on a payment plan. Maybe you’re not. Maybe the debt has been sitting there for months. And now you’re wondering: “If a lender sees the ATO debt, is that the end of the application?” Not