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Having an ATO debt doesn’t instantly prevent business owners from accessing business finance

Having an ATO debt doesn’t instantly prevent business owners from accessing business finance

Our guest editor, John Maxwell, Director & Senior Consultant of Cocalex Consulting, provides this topical article on accessing business finance as the ATO deadline approaches. Paying taxes is a normal part of running business. Incurring an ATO tax debt can put pressure on business cashflow, which is a reality for many business owners across Australia. However, this doesn’t automatically rule you out from achieving finance approval.

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