Feb 5, 2020 | ATO Debt Recovery Notices Solution, ATO Notices, ATO Tax debt, Good Debt vs. Bad Debt, Tax Changes
What is good debt and bad debt… Small businesses often need to take out a commercial bank loan to purchase inventory and debt is one of the ways of financing business operations. Lenders however, are becoming more tight-fisted with borrowers and those with bad...
Feb 5, 2020 | ATO Debt Recovery Notices Solution, ATO Notices, ATO Tax debt, Australian Taxation Office, Tax Changes, Tax Debt Services in Australia
What is a garnishee notice? Garnishee notices can be issued by a variety of creditors however they are quite regularly used by the ATO as a method of collecting outstanding tax debts. The ATO issues the notices pursuant to Section 206-5 of the Taxation Administration...