Practice Update – September 2025

ATO to include tax ‘debts on hold’ in taxpayer account balances From August 2025, the ATO is progressively including ‘debts on hold’ in relevant taxpayer ATO account balances. A ‘debt on hold’ is an outstanding tax debt where the ATO has previously paused debt collection actions.  Tax debts will generally be placed on hold where the ATO decides it is not cost effective to collect the debt at the time. …  Read more

6 tips to paying down your personal debt in 2023

Xperion

  2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps getting harder to stay afloat, let alone get ahead. As a result, carrying debt has become commonplace. But, with the challenges of the past few years, many of us have more debt than we’re comfortable with. How do you get ahead while you’re still trying to catch up? Here are some…  Read more