Company, Business and Individual Tax Debts
From 1 July 2017 the Australian Taxation Office (ATO) announced that it would begin applying tax debt defaults against the credit file of business owners. Over time, this can impact your borrowing capacity and limit your ability to get a loan. That is why it is more important than ever to remain on top of your tax debt and not dig yourself into a hole.
Should you find yourself with a higher-than-expected tax bill that is difficult to pay off, usually between $20,000 and $100,000 or even a greater amount, a short-term loan could the solution you need. Not only can the debt be paid but by selecting the right lender, you can ensure the repayment structure aligns to your business requirements and reduces the stress on your finances.
To learn more about paying off a tax debt, get in touch with our team. We can present a range of options that would be suitable to your needs and walk you through each step, so that you are across the details.
If your company or business needs a lifeline to fund a new initiative, grow your company, or keep it running, call us on 1300634634 for a confidential discussion of your business needs and your short term funding options, or complete the form and we will get back to you as soon as possible.
Short Term Funding Group - Helping Australian Companies and Businesses to secure funding.
1300 634 634
Level 25,100 Mount Street North Sydney 2060