Debts and Solvency
If you have received a statutory demand for payment
If you have received a statutory demand for payment from the ato you need to act quickly.
You have 21 days to either pay the debt in full or negotiate a payment plan arrangement. That does not leave a lot of time for preparation of information you need to supply in order to enter into any arrangement with the ATO. If you require help with your request for a payment arrangement and have been issued a statutory demand please don't delay in getting in touch with us.
Remission of General Interest Charge
Type of circumstances that may make you eligible for remission of general interest charge.
If your debt was accrued due to circumstances that are out of your control the ATO will offer leniency and may remit all or some of your general interest charge.
Have suffered an illness or accident that prevented you from earning income