Business Tax Debt Advice

Protect Your Business from Debt

Business Tax Debt Advice

Protect Your Business
from Debt

Advisory, Negotiation & Tax Debt Advice

Director’s Penalty Notices? Unpaid SGT, PAYG and Super? ATO negotiations and tax debt funding?
If you’re facing any of these – and other tax debt issues – we can help.

We are expert advisors for small to medium business providing debt protection advice and support.

Tax Debt Experts

Thesolvers.com.au members are all specialists in the field. Click on selected profiles below to find out how they help you manage your tax debt.

Adam Parkinson portrait photo
Adam Parkinson
Ginette Muller portrait photo
Ginette Muller
Cheryl Stainsby portrait photo
Cheryl Stainsby

Our members specialise in a range of issues:

If  your needs are more specific, we’re here to help. If you’re not sure, if there’s more than one issue you’d like to discuss or if you need help right away contact us now – it’s likely we’ve come across the problem before.

Directors Penalty Notice

A director of a company must make sure the company meets its Pay As You Go tax (PAYG) and Superannuation Guarantee Charge (SGC) obligations. If your company does not meet these payments in full by the due date you will become personally liable for director penalties for the unpaid amount.

A Directors Penalty Notice is a notice from the Australian Tax Office (ATO) that can make you, as the director of a company, personally liable for the tax debts of that company.

A DPN typically gives you 21 days to take action to avoid personal liability. A ‘Lockdown DPN’ means there is no escaping liability once the DPN is served on the director. If you don’t have the correct details recorded with the ASIC, you can’t claim the DPN was sent to the wrong address.

Keeping on top of your SGT and PAYG obligations is critical. If however you are having trouble, you need to get good advice quickly.

If you do get a DPN, watch out for all the phone calls and letters from people who try and sell you easy ways out (DPNs are public notices).

Unpaid Super and PAYG

If a company does not honour its obligations to Pay As You Go Tax (PAYG) and the Superannuation Guarantee Charge (SGC) the staff can be left out of pocket and directors personally liable for the shortfall.

If you have not been paid your super, or the employer has not paid your entitlements, you may be able to access the Fair Entitlements Guarantee (FEG).

For companies there can be penalties for not paying super and the directors can owe the money personally. Serious cases can mean imprisonment.

Key for a business struggling to meet SGT and PAYG obligations is to lodge their business activity Statement (BAS) on time – even if they can’t pay it. Advising the ATO of the liability at least gives the directors a short time to act and get some advice.

My Super hasn’t been paid

If you have not been paid your super, or the employer has not paid your entitlements, you may be able to access the Fair Entitlements Guarantee (FEG).

Negotiating Tax Debts

Hiding cash (maybe under your mattress) or hiding you head in the sand are both bad ways to deal with the tax office. Like many things in life, dealing with a tax problem is best solved by addressing the issue early.

Up-to-date and prompt lodgement plus working with a trustworthy adviser may help you negotiate a repayment arrangement with the ATO.

There are no guarantees, but you should talk to a Solver about getting a dialogue going, sooner rather than later.

Short Term Business Loan

You need to be careful when looking to get a loan to pay an exiting debt. Still, you may be able to get some cash flow finance or funding to cover a shortfall caused by tax obligations you can’t meet right now.

Clearly you should get some trustworthy advise talk to a broker from thesolvers.com.au about what options you have and what terms.

Director’s Penalty Notices? Unpaid SGT, PAYG and Super?
ATO negotiations and tax debt funding? If you’re facing any of these – and other tax debt issues – we can help.

We are expert advisors for small to medium business providing debt protection advice and support.

Advisory, Negotiation
& Tax Debt Advice​

If  your needs are more specific, we’re here to help. If you’re not sure, if there’s more than one issue you’d like to discuss or if you need help right away contact us now – it’s likely we’ve dealt with the problem before.

Specialists

Thesolvers.com.au members are experts in the field. Click selected profiles below to find out how they help you manage your tax debt.

Adam Parkinson portrait photo
Adam Parkinson
Ginette Muller portrait photo
Ginette Muller
Cheryl Stainsby portrait photo
Cheryl Stainsby

Director's Penalty Notice

A director of a company must make sure the company meets its Pay As You Go tax (PAYG) and Superannuation Guarantee Charge (SGC) obligations. If your company does not meet these payments in full by the due date you will become personally liable for director penalties for the unpaid amount.

A Directors Penalty Notice is a notice from the Australian Tax Office (ATO) that can make you, as the director of a company, personally liable for the tax debts of that company.

A DPN typically gives you 21 days to take action to avoid personal liability. A ‘Lockdown DPN’ means there is no escaping liability once the DPN is served on the director. If you don’t have the correct details recorded with the ASIC, you can’t claim the DPN was sent to the wrong address.

Keeping on top of your SGT and PAYG obligations is critical. If however you are having trouble, you need to get good advice quickly.

If you do get a DPN, watch out for all the phone calls and letters from people who try and sell you easy ways out (DPNs are public notices).

Negotiating Tax Debts

Hiding cash (maybe under your mattress) or hiding you head in the sand are both bad ways to deal with the tax office. Like many things in life, dealing with a tax problem is best solved by addressing the issue early.

Up-to-date and prompt lodgement plus working with a trustworthy adviser may help you negotiate a repayment arrangement with the ATO.

There are no guarantees, but you should talk to a Solver about getting a dialogue going, sooner rather than later.

My Super hasn’t been paid

If you have not been paid your super, or the employer has not paid your entitlements, you may be able to access the Fair Entitlements Guarantee (FEG).

Unpaid Super and PAYG

If a company does not honour its Pay As You Go Tax (PAYG) and Superannuation Guarantee Charge (SGC) obligations, the staff can be left out of pocket and directors personally liable for the shortfall.

If you have not been paid your super, or the employer has not paid your entitlements, you may be able to access the Fair Entitlements Guarantee (FEG).

For companies there can be penalties for not paying super and the directors can owe the money personally. Serious cases can mean imprisonment.

Key for a business struggling to meet SGT and PAYG obligations is to lodge their business activity Statement (BAS) on time – even if they can’t pay it. Advising the ATO of the liability at least gives the directors a short time to act and get some advice.

Short Term Business Loan

You need to be careful when looking to get a loan to pay an exiting debt. Still, you may be able to get some cash flow finance or funding to cover a shortfall caused by tax obligations you can’t meet right now.

Clearly you should get some trustworthy advise talk to a broker from thesolvers.com.au about what options you have and what terms.

Adam Parkinson portrait photo

Adam Parkinson

Adam is a Barrister, Solicitor and Business Turnaround Expert. Having run his own enterprises he has hands-on business experience.  Find out more or Email Adam.

Ginette Muller

Ginette Muller

Ginette is a Business Crisis Advisor and Accountant specialising in Safe Harbour, refinancing, litigation funding, restructure and business crisis advice. Find out more or  Email Ginette.

Cheryl Stainsby

Cheryl is a Director’s Advocate specialising in Crisis Management; Business Health Checks, Asset Protection and Exit Strategy  Find out more or Email Cheryl.

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Niall Coburn

Niall Coburn

Niall is a Litigator, Prosecutor and Corporate Investigator. Find out more or Email Niall.

Bruce Pasetti portrait photo

Bruce Pasetti

Bruce Pasetti is the ‘go-to’ for actions for Windup (or to defend companies and directors against similar actions). Bruce is a Solicitor with over 20 years legal and specialist Insolvency experience. Find our more or Email Bruce.

Stuart Craig

Stuart is a Business Transformation Specialist and Certified Practicing Accountant, specialising in business turnaround and restructure, business management and business ownership transfer. Find out more or Email Stuart.

James Flaherty

James Flaherty

James is a business consultant and accountant. He specialises in sales and marketing for the business and finance sectors. Find out more or Email James.