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
We love to see the cool creations kids build when they play with LEGO DUPLO. Enter and share a picture of your childs creation for a chance to WIN 1 of 10 LEGO DUPLO prize packs worth over $100 each.
A recent Reddit thread has revealed some of the more creative names in the world.
A US woman awakened this week from a four-month-long coma that doctors had feared would be permanent and learned that she had given birth to a baby boy, according to her family.
Posting a lot of baby photos doesn't make you a bad person. It may make your Facebook feed a little irritating, but it doesn't make you a bad person.
It's time to shift the focus off what dads aren’t doing and shine it on what they are.
If you're only just joining the modern cloth nappy movement, or would like to spruce up your collection, we have to introduce you to Designer Bums.
When you’ve just had a baby, having sex isn’t usually top priority. In fact, for a lot of women it rates about as appealing as changing another dirty nappy.
Is it acceptable to use these car parking spots when pregnant? How many of us would admit to doing it?
Fertility doctors have described their "most extraordinary case" - creating a healthy baby from sperm taken 48 hours after a man had died.
A Canadian woman who had declined to have her children immunised against pertussis, better known as whooping cough, has changed her position now that all seven of her children have come down with the disease.
New research suggests that taking specific pregnancy probiotics could be the answer to a range of common pregnancy side effects.
Let’s keep talking about these issues and not allow them to be put into a neat little box that’s labelled ‘Fix childcare and everything is solved’.
When trolls felt the need to comment on 35-year-old singer-songwriter Pink's weight, her answer was an awesome ode to body love.
A national chain of fertility clinics is offering egg donors a $5000 payment to cover their expenses, a first for Australia which is raising concerns the money could act as an inducement.
Australian officials could do nothing to stop an Australian couple from abandoning their baby son, born through surrogacy in India, after they decided they did not want to bring him to Australia.
Individual choice works for haircuts and handbags, but not for preventing infectious diseases that kill kids.
If there is one thing Leilani Rogers knows about childbirth, it is that no two deliveries are ever the same.
Note to self: less sewing, more life. Not the party dress, but the party. The toddler, as usual, has it all figured out.
In 1965, Zella Jackson-Price was told her premature baby girl had died shortly after birth.
Sign up to receive 30 amazing tips and ideas for play with baby during the month of April and submit a picture or tip on our social wall for a chance to win an amazing Fisher-Price prize pack.
Top 5 Articles
Travelling with kids requires a whole other set of skills - ones that I have learned through (sometimes unfortunate) trial and error.
I’m not expecting you to be as calm as you might be right now. What I mean is that if your panic levels are through the roof during a stressful situation, let’s bring them down to just under the ceiling.
A toddler was taken to hospital after a waitress served her sangria instead of cranberry juice at a US restaurant.
Is it shaming to point out that women are often being let down in birth?
For some people, this certificate will offer a sense of validation that their child was acknowledged as being here and now gone, and will help them with life post-loss.
'Phantom pregnancy kicks’ are encountered by many mums months - or even years - after their pregnancy is over.
There's one simple switch that could save you hundreds of dollars a year in private health insurance.
The harmful effects of smoking during pregnancy on unborn babies may be seen in tiny movements in their faces using 4D ultrasound scans, research has found.
Pete Evans' paleo cookbook for kids caused a storm, but there are plenty of other unsafe food trends for babies and toddlers.
Modern medicine could not save 19-year-old Sophie Burgess who died 48 hours after giving birth to twins in the UK.
Once upon a time, I was a fan of job interviews. That all changed after I'd switched careers, had a baby and decided to spend the first year at home with her.
Two Queensland families are grieving the loss of their toddler sons after the boys drowned in separate incidents last week.
A Norwegian man is facing jail after putting abortion pills in his ex-girlfriend's smoothie, causing her to have a miscarriage.
Jordy Jackson was born without eyes. He has anophthalmia, which affects one in every 100,000 babies born.
Model Sarah Stage has defended her pregnancy body after critics claimed her slim figure at eight-and-a-half months pregnant wasn't "normal".
I love to take pictures of my children. In some of the pictures, my younger son is nursing.
There are things I wish I didn't know. I wish I didn't know that companies make tiny braces, small enough to hold necks no bigger than a wrist.
If your family is more into Star Wars, gaming and the periodic table than most, you might want to check out these geek-chic baby items.
Not a day under 65 and a lifetime of struggle! That's the look of these newborns, who look adorably older than their real age. Social networking site Reddit recently featured user submissions of adorable grandbabies, here are our favourites.
Announcing that you're expecting can be a time to express your creativity, sense of humour and imagination. Check out how other parents and parents-to-be have broken the news to friends and family.
Are you one of those that know the whole IKEA catalogue by heart? Love their stuff but want to personalise it? Here's some inspiration to help you realise the potential of IKEA furniture and fittings.
A French court may have ruled out Nutella as a baby name, but that doesn't have to stop you from taking inspiration from the supermarket (or bottle shop). See what parents in the US have chosen for their delicious little ones.
Check out this range of products designed to help make your breastfeeding journey more enjoyable, manageable and convenient.
SIGN UP NOW!
Receive a daily email from Essential Baby for just the month of April with great play tips and ideas, then submit your baby at play photos to our Playwall, Instagram or Twitter for your chance to win.