10/05/2025
๐ฅ Tax Debt Is About to Get More Expensive โ Act Before 1 July! ๐ฅ
From 1 July, ATO interest on tax debts (GIC & SIC) will no longer be tax-deductible!
Thatโs rightโinterest rates may exceed 11%, and you wonโt even get a tax break for it.
Example: A $70,000 tax debt could cost over $8,000/year in interest you canโt claim.
What to do? Refinance or consolidate your tax debt nowโbefore the change hits.
Need help? Get in touch today.
-------------------------------------------
๐๐๐ฌ๐ข๐ก๐ ๐ง๐๐ซ๐๐ฆ
๐ข ๐๐ฑ๐ฑ๐ฟ๐ฒ๐๐ ๐ญ: Suite 816, 1 Queens Road, Melbourne VIC 3004
๐ข ๐๐ฑ๐ฑ๐ฟ๐ฒ๐๐ ๐ฎ: 56 Appian Drive, Albanvale VIC 3021
๐ ๐ง๐ฒ๐น: +03 9059 8028
๐ฑ ๐ ๐ผ๐ฏ๐ถ๐น๐ฒ: +61434 727 363
๐ ๐ช๐ฒ๐ฏ๐๐ถ๐๐ฒ: https://beyondtaxes.com.au/book-an-appointment/
๐ ๐๐ฎ๐ป๐ฝ๐ฎ๐ด๐ฒ: https://facebook.com/beyondtaxesaccounting