Jump to content
Debt with ato
36 replies to this topic
Posted 12 April 2012 - 02:49 PM
I haven't read the other replies so this may already have been suggested, but if you can afford at least one or two sessions with a tax agent/ accountant, enquire as to whether they can do it on your behalf. The ATO is usually a tad more lenient when you've got an agent fighting it on your behalf.
I'd be happy to PM you our firms details - we're in NSW and we deal with this kind of thing all the time, with clients from all over Australia. Don't worry, you're not alone. And trust me when I say that although it may seem like a lot, you CAN get it broken down into a payment plan - don't listen to the ATO people who say you can't. Like a PP said, if they want all their money then they should be willing to comply with any plan you suggest.
I will advise you thought that in my recent dealings with the ATO they tend to try and demand payment within 12 months. If this is not possible you can get it drawn out but you have a better chance of that if there is a Tax Agent representing you.
The ATO has become a LOT more demanding on small to medium businesses lately as well, and it's not fair, especially because so many of us are struggling at the moment.
If you ever feel like they are not listening to you or threatening you into what they want please consider writing to the Small Business Commissioner in your state. They need to be made aware of the ATO's behaviour as well.
Sorry, this has become a bit of a long post now =/ I hope you find the solution you're looking for
Posted 12 April 2012 - 03:02 PM
The tax office has started this 50% upfront payment thing as they decided they were being to soft on everyone because of the GFC. They will still do payment plans and they may waive the 50% if the reason you are unable to pay is due to unforseen circumstances ie the good old excuse of "cashflow issues" is no longer accepted.
A couple of excuses I have had accepted for clients recently have been:
- Major debtor has turned bad (ie not going to pay)
- Change of bookkeeper meant owners of company were unaware of debt to pay
- Clients illness meant unable to work (or variations on this ie mother dying etc)
If you want to give us more details of how you have ended up in the debt then maybe one of us could help you work out an acceptable excuse?
Posted 12 April 2012 - 08:41 PM
Thank you all for your help..
there is no excuse really. We have had a tough couple of years financially, and with other stuff going on, but really I've just been negligent.
Posted 13 April 2012 - 05:37 PM
oh OP I feel your pain. My DP had a massive tax debt when i met him that STILL hasn't been sorted out, and I'm about to have our 2nd child. I finally got him to see an accountant end of 2010 and all she has done is stuff him around, promise him she'll get it sorted so we can afford the repayment plan, its still not sorted, interest is still presumably being charged, and she's just sent us massive bills we can't afford. He's closed his business down and gone on wages. I really don't know what to do I'm so angry at him as this was all before I came along and if he'd been honest I had 25k in the bank before DS was born we could've used to start paying off instead now its all gone on reno's, paying mortgage when his business wasn't going well etc. Sorry vent over
Posted 14 April 2012 - 06:59 AM
Just wanted to add that even though the ato haven't agreed to a payment plan still make the payments you can afford as often as possible so you are reducing your interest. You may also be able to use your good track record to convince them to give you a plan later.
Another tip - The ato's next step in debt recovery is usually to freeze your bank account, but they can only do this to a specific bank a/c they know about because you have given them the details previously (for tax or bas refunds), so if your day to day living money is in one of those accounts move all of your money to a different a/c now while you can
Posted 18 April 2012 - 01:47 PM
Did you Call the ATO back?
Edited by saxa, 18 April 2012 - 04:35 PM.
Posted 18 April 2012 - 01:52 PM
ATO has record of all your bank accounts - that's why you supply your tax file number when opening them.
If it a business debt they can freeze your Business account.
Yes they do but for some reason the bas/debt recovery departments don't access those records. Only the account you have listed with the bas dept. The ATO is very disjointed and the different departments do not seem to share info
Posted 19 April 2012 - 07:09 AM
Yes I calles back.
They told me I had to send in financials so I have. I'll start making making payments next week and hope like hell they will be gappy with my proposal
Posted 19 April 2012 - 07:36 AM
Rather than legal advice, you could see your local mp. They can talk to the ato n your behalf (I did it for a company that was on the verge of collapsing and losing jobs in the local area). Mp helped organize ato and payroll tax to be paid weekly for a year instead of in a lump sum.
Posted 24 April 2012 - 08:47 PM
They accepted my payment proposal.
Am so relieved.
Thanks to everyone for your help!
2 user(s) are reading this topic
0 members, 2 guests, 0 anonymous users
The idea of making a 'pregnancy contract' with your partner may sound a bit silly at first, but it can help make the transition to parenthood a lot smoother.
Burping babies vs burpees – yes, new mums and personal trainers live in different worlds. But they can work together - once you find the right match for you and your lifestyle.
The NSW Ambulance Service is removing child-safety seats from ambulances, while the Victorian service is facing criticism over lengthy response times following the death of a three-year-old.
Police say that an incident in which a man pulled on a woman?s pram while walking a popular Sydney route late last month was a misunderstanding.
Three weeks ago, my auntie, a midwife, developed a fever. Sitting here in Sydney basked in Australian sunshine, that shouldn't be big news.
One mum shares her frightening experience and vows to never take her health for granted again.
When reading increasingly means swiping pages on a device, and we're advised to read to their children early and often, should parents be turning to e-readers for storytime?
A young dad who fought a five-year battle with cancer has been remembered for his inspiring legacy at a funeral service attended by hundreds of family and friends this week.
Public health authorities say the death of a toddler in north Queensland from meningococcal disease highlights the danger the illness poses.
Nicole Kidman is hoping to add to her family, but says she's doubtful it will happen.
Aldi has announced a recall of their popular Wooden London Bus play set.
From soft toys to balance bikes, here are some great ideas for first birthday gifts.
Kim Walsh arrived at the doctor with abdominal cramps. Hours later, she was cradling the baby experts told her she could never have.
I'm a far better person post-cancer than I ever was before. The goal now is to stay around long enough to find out who I can become, and what I can achieve.
Pete Evans is not a paediatrician or even a nutritionist or dietitian. So why should we believe his extreme views and remove food groups from our children's diets over the advice from those more qualified?
Forget the new 'Lawnmower' parenting trend; try using plain old-fashioned commonsense instead.
A US woman is suing a sperm bank after it sent her vials from African-American man, instead of the white donor she had selected.
Dad may not say it, but he could be feeling lost, confused and seriously left out. However, there are lots of things new fathers can do to be more included in the excitement of pregnancy and new parenthood.
Baby Laelani Baker was diagnosed with cancer before she was even born. Her heartbreaking story is just one of the reasons the Build for a Cure project is raising money for vital research into childhood cancer.
Parenting doesn’t ever get easier; the challenges just change. But the challenges of caring for young children definitely lessens as they get older.
As the first phase of an inquest into the death of Chloe Valentine drew to a close, there was no doubt Chloe's life was marred by appalling neglect.
The act of killing one's child is unthinkable for most, and a mother who kills her offspring has a special power to inspire shock and revulsion.
For those of us with young children, eight hours sleep is a distant memory. And while we can’t do much to secure more shut-eye, there are some ways to fake it.
Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.
Top 5 Articles
I am five years into this parenting gig and I’ve learnt that sleepless nights and changing dirty nappies are child’s play.
Capture life more easily with the Canon Powershot D30. Shockproof, waterproof and dustproof, you can take it almost anywhere and shoot beautiful images, time after time. Enter now!
It's nice to celebrate a child making the shift from nappies to 'big kid' undies, but do we really need a semi-realistic used toilet cake to do it? Here are some of the best and worst cakes parents have used at 'potty parties' around the world.
Plan ahead - and do it now - to ensure festive season expenses don't break the bank.
A sequel is coming soon to the 2011 hit book 'Go the F*** to Sleep' - and this time, it's about mealtimes.
Handmade crafts to decorate and personalise your child's next birthday - from banners to cake decorations, we've got gorgeous party finds from Etsy.
Creative and practical storage ideas for the kids' toys and books can also add some stylish decor to your home. Visit babyology.com.au for more stylish modern finds for hip kids & parents.
When Grandma and Grandpa pose for a snap with the kids, things can get very weird, very quickly.
Maybe the mum I saw in that waiting room, seemingly disconnected from her baby, doesn’t have the support she needs.
Starting a family doesn't always mean moving into a bigger house - not yet, anyway.
What's in a name?
Looking for a classic name, or an unusual name? Our Baby Name Finder is for you, search or browse to refine your shortlist.