{"id":2703,"date":"2014-04-26T21:25:21","date_gmt":"2014-04-26T11:25:21","guid":{"rendered":"http:\/\/wordpress-371694-1179511.cloudwaysapps.com\/?p=2238"},"modified":"2014-04-26T21:25:21","modified_gmt":"2014-04-26T11:25:21","slug":"clearing-tax-debt","status":"publish","type":"post","link":"https:\/\/financialplus.com.au\/clearing-tax-debt\/","title":{"rendered":"Clearing out a tax debt"},"content":{"rendered":"

It\u2019s that time of the year again in Australia when we are getting ready to settle our end of year tax obligations but for some, it may turn out to be quite a nasty surprise or, then again, it may be that the past has finally caught up with them.<\/p>\n

Either way, you could find yourself in the position where you have to pay back a tax debt that you can\u2019t afford and have to come to an agreement with the tax office to pay it in instalments that may come with a very high interest rate.<\/p>\n

There is an alternative available that could be of interest if you have enough equity in your property in that there are some lenders that will let you refinance and pay out the tax debt at the same time but it is not the norm by any means.<\/p>\n

Refinance can be up to 90% LVR if it is against a residential property, 75% if it is a commercial property and a maximum advance rate of 90% in the case of Debtor Finance.<\/p>\n

Contact FinancialPlus for more information<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s that time of the year again in Australia when we are getting ready to settle our end of year tax obligations but for some, it may turn out to be quite a nasty surprise or, then again, it may be that the past has finally caught up with them. Either way, you could find […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[112],"tags":[119],"class_list":{"0":"post-2703","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-refinancing","7":"tag-debt-consolidation","8":"entry"},"yoast_head":"\nClearing out a tax debt · FinancialPlus Mortgage Broker Gold Coast<\/title>\n<meta name=\"description\" content=\"Rather than running the wrath of the ATO over a tax debt, there may be a better option\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clearing out a tax debt · FinancialPlus Mortgage Broker Gold Coast\" \/>\n<meta property=\"og:description\" content=\"Rather than running the wrath of the ATO over a tax debt, there may be a better option\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"FinancialPlus Mortgage Broker Gold Coast\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-26T11:25:21+00:00\" \/>\n<meta name=\"author\" content=\"Bruce Rogers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bruce Rogers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\"},\"author\":{\"name\":\"Bruce Rogers\",\"@id\":\"https:\/\/financialplus.com.au\/#\/schema\/person\/e5c311cab9dd7084cc0a35993af6ab2e\"},\"headline\":\"Clearing out a tax debt\",\"datePublished\":\"2014-04-26T11:25:21+00:00\",\"dateModified\":\"2014-04-26T11:25:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\/\/financialplus.com.au\/#organization\"},\"keywords\":[\"Debt Consolidation\"],\"articleSection\":[\"Refinancing\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\",\"url\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\",\"name\":\"Clearing out a tax debt · FinancialPlus Mortgage Broker Gold Coast\",\"isPartOf\":{\"@id\":\"https:\/\/financialplus.com.au\/#website\"},\"datePublished\":\"2014-04-26T11:25:21+00:00\",\"dateModified\":\"2014-04-26T11:25:21+00:00\",\"description\":\"Rather than running the wrath of the ATO over a tax debt, there may be a better option\",\"breadcrumb\":{\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/financialplus.com.au\/clearing-tax-debt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/financialplus.com.au\/clearing-tax-debt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/financialplus.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Clearing out a tax debt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/financialplus.com.au\/#website\",\"url\":\"https:\/\/financialplus.com.au\/\",\"name\":\"Financial Plus Mortgage Broker Gold Coast\",\"description\":\"Gold Coast mortgage broker - 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