Setting Up an ATO Payment Plan: Bookkeeping Tips for Managing Tax Debts

Setting Up an ATO Payment Plan: Bookkeeping Tips for Managing Tax Debts

Setting up an Australian Taxation Office (ATO) payment plan is a practical way for small businesses and individuals to manage tax debts they cannot pay in a lump sum. If you find yourself with a tax debt, you’re not alone—many businesses experience this at some point. The good news is, the Australian Taxation Office (ATO)…