An ATO Debt Structuring Facility is used to pay off any ATO debts your business might have, such as overdue income tax or GST payments. We can help you get a loan specifically for this purpose.

It’s important to know that the ATO has changed its rules, and the interest on overdue ATO amounts may not be tax-deductible anymore. Many lenders offer loans to pay off ATO debts, but each loan agreement is different.

While the ATO might charge you X% interest, it’s wise to explore other options as well. If a lender charges more than AOT rate, you need to decide if it’s worth taking that loan. The possibility of tax deductions is appealing for small businesses, but you must consider whether a high-interest loan is better than keeping the ATO debt at X% without claiming interest deductions.

A qualified asset finance broker can help you understand your options and make an informed decision.