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 Essential Baby & Toddler Show is back this April! Save $8 off the door price for a limited time only!
Sometimes the greatest baby name ideas come from the most unexpected places, as these EB members show.
While we often think of pregnancy as a 40 week affair, experts agree that 37 weeks is actually “full term". So is there an argument for inducing all births at 37 weeks?
Controlled-crying techniques may help some babies sleep through the night, but for many exhausted new parents, it's just a recipe for more tears all round.
As people become more aware of these benefits, I hope more parents will practice this method, so we can cut down on nappies and improve baby bonding.
Aussie actress Emily Symons has announced she is pregnant with her first baby.
A little girl will grow up without her father after the fit and healthy 34-year-old passed away while doing something he had practised his whole life.
You could be doing yourself a disservice by encouraging your toddler to have an afternoon nap, according to new research.
We've compiled a guide to some of the most popular presents for newborns and new mums, and for christenings and naming days.
Actress Jaime King is pregnant with her second child, giving 16-month-old James a sibling.
The Abbott government should extend funding to nannies, and direct childcare payments to low and middle income families, a landmark study on childcare has found.
As many as one in two newborn babies suffer from skin irritations in their first few weeks. So what are the most common rashes and irritations to look out for?
Wall decals are the answer to creating a beautiful nursery or children's space without lifting a paint brush, a spirit level or even a hammer.
Three-year-old Cain Trainor headed off home after his first day at a new preschool without telling anyone.
In spite of being in an almost constant state of motion while looking after the kids and trying to keep things together at home, it can seem as though parents have managed to get nothing on the to-do list done by the end of the day.
The middle name is no longer an afterthought, and parents' inspiration comes from many places.
A new IVF scheme offers couples the chance to fall pregnant and give birth - or get their money back. But there's more to it than you might think.
A baby born still inside the amniotic sac gave US doctors a rare glimpse at life inside the womb.
Three years ago Jason Hughes viciously attacked his ex-partner. Now she has to write to him three times a year.
A West Australian woman will fight allegations that she scammed expectant mums by selling them fake ultrasound pictures of babies.
Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.
Top 5 Articles
A Sydney mother who suffered brain damage when she was hit by a car while pushing her newborn baby in a pram has reached a confidential out-of-court settlement with the driver's insurance company.
A culturally sensitive midwifery service has gained the trust and respect of Aboriginal women.
Most mums-to-be plan to take things easy and perhaps have a little break from work as the birth of their baby draws near. Not Kate McCartney.
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.
Last week an un-retouched photo of model Cindy Crawford surfaced, showing the 48-year-old mother-of -two posing in underwear.
Thought your toddler could not love pancakes any more than they already do? How about if the breakfast treat came in the shape of every two-year-old's favourite cartoon character?
I thought I was never going to be able to have a successful pregnancy. I decided that I wasn't going to form an emotional attachment with this baby.
February 18 marks the start of one of the most prolific annual baby competitions in Australia: the Bonds Baby Search. And this year is going to be more special than ever.
This is not something that people like to talk about, but Facebook has announced that it will grant users more control over what happens to their pages after they die.
Mother of four Marie Holmes was financially struggling after quitting her jobs at Walmart and McDonald's in order to care for her children.
A first-time mother whose daughter died hours after her frightening birth insists she was never told of the risks of being obese and pregnant.
She has labelled parents who do not vaccinate their children "misinformed imbeciles" - and for that, she makes no apologies.
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.
I never thought I’d say this, but for a brief moment last week, Kim Kardashian and I had something in common: both our kids had public tantrums.
Polycystic ovary syndrome (PCOS) is the most common female hormonal condition, affecting roughly one in 12 Australian women.
If doing it on your back is out, what's the best position for labour and birth?
With Valentine's Day coming up, Nat Gilbert could be forgiven for thinking her husband might be planning a surprise for her.
We usually only hear the success stories: tales of the two-year-old who’s talking, running and completely toilet trained. But other stories need to be told too.
Sarah Kiss has a word of advice for proud mums and dads who are keen to enter their babies in this year's Bonds Baby Search Competition - just have fun.
If your family needs to go to sleep school, go with them. You are part of that family and you are part of the solution.
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.
Win a KitchenAid Mixer
To celebrate, and to thank our amazing fans, we?re giving away a KitchenAid Artisan Tilt-Head Stand Mixer.