How to clear your tax debt

3 Просмотры

Спасибо! Поделитесь с друзьями!

Вам не понравилось видео. Спасибо за то что поделились своим мнением!

Издатель Aug 14, 2026

Outstanding tax debt has become a working capital solution for a lot of businesses.

You’ve probably heard the expression that business owners treat the ATO like a second overdraft.

But that’s becoming a much riskier strategy.

We’re already seeing business owners tell us that ATO payment plans are getting harder to get onto, terms are getting shorter, and if they miss a payment or default, things can move very quickly toward enforcement action.

If that’s something you’re worried about, you’ve basically got two options.

If you need a much longer repayment term than what the ATO is offering—something like five years or more—then a tax debt loan may be worth looking at. The interest can become tax deductible, but the real benefit is cash flow. Longer terms usually mean smaller monthly repayments, which can take pressure off the business.

But if you’re currently sticking to your ATO payment plan and just nervous about cash flow around BAS, payroll, or other pinch points, then a backup line of credit might make more sense.

That way, if things get tight, you’ve got support to dip into without refinancing the entire tax debt.

If you can stay on the shorter ATO payment plan and manage it properly, you’ll clear the debt faster and get that monkey off your back.

The key is choosing the option that actually fits your cash flow.

Get a better loan