From 1 July 2025, interest on unpaid ATO debt will no longer be tax-deductible.
This means any interest charges (like General or Shortfall Interest) will now be treated like a penalty — fully out of pocket, with no tax relief. 😬
💡 Why this matters for you:
▪️ ATO interest rates can now exceed 15% — higher than many credit cards
▪️ Interest compounds daily, putting pressure on your cash flow
▪️ It could impact your credit standing and even your loan eligibility
✅ What you can do:
If you’re concerned about your ATO debt or want to avoid being caught off guard, we can help:
🔁 Refinance or consolidate ATO debts
💰 Free up working capital
📊 Preserve your credit score
📈 Position yourself for future success
Now is the time to act. Let’s chat about your options and find the right solution before this change affects your finances.
📩 Message us or get in touch today for a confidential discussion.
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