Small companies, big debt.
July 8, 2020Roadmap to Re-start: Your plan for when “on hold” becomes “due now”
August 20, 2020Situation
Our client has a successful nationwide commercial removals and storage business. Following a series of significant personal events, they found themselves with over $500,000 in ATO debt. The situation was compounded by a major contract loss. They assumed winding-up was the only route left… until they met us!
Outcome
We negotiated a long-term debt repayment plan, and a refund of penalties and interest totalling over $218,500. This was the difference between viable business and liquidation. The client tells the outcome better than we can:
“We had a brilliant 2019/2020 Financial Year, all because of Tax Assure! And now we have another great year ahead. Thank you so much!”