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Supporting Australians experiencing financial distress due to COVID-19

We work for you

Tax Debt Solutions

In Australia, the biggest trigger for Company Liquidations and personal Bankruptcies is the Australian Taxation Office (ATO). If you have overwhelming tax debt, Lanyana Financial Group can assist. We can help negotiate an ATO payment plan, refinance existing mortgages to pay out your tax debt or potentially restructure your business.

At Lanyana Financial Group, we work for you. Our aim is to look at ways to protect your assets and preserve your wealth while addressing your own, individual situation. We aim to achieve the best possible outcome for you so you can stop the stress and get back to business. Our expert team consists of business consultants, home loan specialists, accountants and legal professionals who specialise in strategies designed to resolve your tax debt issues.

“Great friendly patient team. It was a difficult decision to let go of everything I had worked for over the past 34 years but the right decision was made in the end thank you Nicole.” - Timothy

Pty Ltd

Company Tax Debt Solutions

If your company tax debts are left unpaid, the ATO can start recovery actions. This includes issuing your company a Garnishee Order, a Statutory Demand, Director Penalty Notice or a Company Windup Notice. As a company director, you know when your business is experiencing financial difficulties. It’s important to act fast to avoid insolvent trading or becoming personally liable for your company’s tax debts.

If you’re unsure what to do next, there are options available to deal with your company tax debt. At Lanyana Financial Group, we can help:

  • Negotiate with the ATO on your behalf to organise a payment plan,
  • Look at implementing a business turnaround strategy, or
  • Place your company into Voluntary Administration or Company Liquidation.

Remove the financial stress involved in outstanding tax debt by talking to one of our tax debt experts today.

You have options

Sole Trader Tax Debt Solutions

If you have a large tax debt as a sole trader, the ATO can start recovery actions by issuing you with a Garnishee Order and ultimately a Bankruptcy Notice. If the ATO has commenced recovery actions against you, it’s important to seek professional advice straight away to find out about your options. The sooner you seek help, the more options you will have. These include:

  • Paying the debt in full,
  • Disputing the debt,
  • Entering into a payment plan,
  • Applying for a tax debt loan,

“This team are fantastic, they have set me on my way to restarting my life! Mel was awesome, patient and so very understanding and I highly recommend these services if it comes this far thank you again for all your help!” - Elizabeth

Consequences for unpaid debts

ATO Debt Recovery Actions

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Garnishee Notice

A Garnishee Notice goes straight to your bank or financial institution demanding them to pay your money directly to the ATO to reduce your tax debt.

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Director Penalty Notice

A Director Penalty Notice can be issued to a company director making them personally liable for their company’s PAYG and superannuation debts.

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Statutory Demand

If the ATO issues you a Statutory Demand, you have 21 days to pay the debt. If it remains unpaid, your company is presumed insolvent and can be forced into Liquidation.

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Winding Up Notice

The ATO can issue your company with a Winding Up Notice if you are unable to pay your tax debts and have not entered into a payment arrangement.

We have helped many companies and individuals resolve their tax debt issues and get back on track.

What really counts

The Lanyana Difference

Lanyana Financial Group is a specialist financial company helping people move forward financially. We support Australian businesses and individuals with debt management and lending solutions.

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Diversity

We offer an inclusive environment for all staff which is accepting of their differences, embraces their strengths and provides opportunities to achieve their full potential.

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Holistic

We provide a holistic approach to financial freedom. We can help all Australians, no matter their situation and guide them through their solution from start to finish.

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Australian Owned

Lanyana Financial Group is proudly Australian owned and operated. With a focus on customer service, our caring staff are always available to speak with our clients.

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Tailored

We pride ourselves on offering tailored financial solutions to help Australian’s move forward financially. No two people are the same and neither are our solutions.

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Transparent

Clear, unhindered honesty in the way we do business. In a time of financial hardship, our clients need reliable advice, clear information and respect. That’s what we offer.

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Professional

Lanyana Financial Group is committed to professionalism. We maintain our integrity in our interactions with our clients, their creditors and our corporate partners.

“Nicole was amazing. She put me at ease at a time when I thought I would lose everything. I could finally sleep at night after a very traumatic time Thank you so much.” - Julie

They're good

Our Articles

If you’re experiencing tax debt issues and unsure what to do next, our tax debt articles may help.

How to Negotiate an ATO Payment Plan

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Understanding Business Tax Debt

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8 Strategies to Help Manage Your Business Tax Debt

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Let us guide and assist you to resolve your tax debt issues and relieve financial stress.

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