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Avi Lipa

Get back on track with ATO payment plan

Did you know that small business owners and sole traders who owe overdue tax statements can now set up payment plans interest-free over 12 months?


👉🏻 What is a payment plan?


A payment plan is a flexible payment solution that allows you to break down your total overdue tax amount into smaller instalments. The more manageable instalments mean you can more easily make payments.


It allows you to divide your payment into smaller, more manageable payments over a predetermined period of time. You make payments every week, two weeks, or month until the balance is paid in full.



👉🏻 If you owe $100,000 or less you can set up a payment plan using

  • ATO myGov services for sole traders:


  • ATO Online services for business:


 

If you owe more than $100,000 or can't afford a payment plan offered online by the ATO, contact us to get a more in-depth expert advice to discuss about your options.



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