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Tax Debt Representation and Management

If you need assistance clearing up your tax debt, contact Tax Controversy Partners. With four decades of industry experience, we represent everyday Australians to help get them on top of their tax bills.

How Tax Controversy Partners Can Help

Revenue agencies have substantial power to collect debts owed to them. Many taxpayers can’t afford to pay those debts, often for commercial or personal reasons. At Tax Controversy Partners, we can help you negotiate the following with revenue agencies:

  • Penalties and interest
  • Payment deadlines
  • Payment plans
  • Debt reduction Debt release and waiver

For more information about how we can help take the stress out of paying off your tax debt, get in touch with us via our contact page.

Frequently Asked Questions

Discovering you have tax debt can be a stressful and daunting experience. To help further your understanding, our tax specialists have put together a list of some frequently asked questions. You will find the answers below.

  • The ATO Just Told Me I Owe Tax. What Are My Options?

    Depending on the circumstances of your case, you have two options. You can either:

    If you choose to pay the debt, there are several avenues you can take. You can pay your debt upfront or in instalments using a payment plan. Alternatively, you can request an extension on the payment deadline to allow more time to produce the funds you owe.

    If you believe your tax bill is incorrect, you might choose to dispute or object to the assessment resulting in tax debt. This requires an application to the Australian Taxation Office (ATO), where it will be reviewed and a verdict reached.

    At Tax Controversy Partners, we will work with you to determine the most appropriate course of action for your circumstances. Whether it’s extending the deadline, reducing the debt, or absolving it completely, you can rely on us to find a suitable solution.

  • How Does Someone Accrue a Tax Debt?

    There are several reasons why you might receive a tax bill. Some of the most common include:

    • Discrepancies in tax return details
    • Income changes
    • Employer failure to withhold enough tax
    • Failure to withhold tax on other income
    • Failure to make enough tax payments throughout the year
    • Accruing interest and penalties
  • What Happens if I Don’t Pay My Debt?

    Failure to pay your tax bill can result in a larger debt. This is because the ATO adds what is referred to as a General Interest Charge (GIC) on all outstanding tax debts. As long as the bill remains unpaid, GIC will continue to rise.

    In the instance the debt remains unpaid, the ATO may take stronger action, including penalty notices and legal action.