Tax Debt & HardshipHow Are ATO Penalties Calculated and Can They Be Reduced?ATO penalties can add tens of thousands to a tax bill. How they are calculated, when they can be reduced, and how to make a...
Tax Debt & HardshipWhat Is General Interest Charge (GIC) and How to Reduce ItATO General Interest Charge accumulates daily on unpaid tax debt. Learn how GIC is calculated, why it grows so fast, and what options exist to...
Tax Debt & HardshipWhat Happens If You Miss a Tax Return Lodgement Deadline?Missing a tax return deadline can result in ATO penalties, interest charges, and loss of tax offsets. Here is what happens and how to manage...
Tax Debt & HardshipWhat to Do If the ATO Freezes Your Bank AccountThe ATO can garnishee your bank account without going to court. Here is what a garnishee notice means, your options, and how to respond urgently...
Tax Debt & HardshipPartial Tax Debt Release Granted for Serious HardshipThe AAT has granted a taxpayer partial release from tax liability under s 340-5 of the Taxation Administration Act. What serious hardship relief requires.
