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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.