How to Stop a Garnishee Order by the ATO
16 October 2023
Dealing with tax debt can be overwhelming, and if you find yourself facing a garnishee order, the situation can become even more stressful. A garnishee order allows the Australian Taxation Office (ATO) to collect outstanding tax debt directly from your wages, bank accounts, or other sources of income. However, there are steps you can take to stop a garnishee order and regain control of your financial situation.
Before taking any action, it is crucial to fully comprehend what a garnishee order entails. A garnishee order is a legal procedure used by the ATO to recover unpaid tax debts. It allows them to collect funds directly from your employer or financial institution to satisfy the outstanding debt. It’s important to be aware of the amount being garnished and the specific income sources affected.
Seek Professional Assistance:
When facing a garnishee order, it’s highly advisable to seek the guidance of a reputable tax debt negotiation company. At Tax Negotiators, our professional team possess expert knowledge of tax laws and regulations, as well as extensive experience in negotiating with the ATO. We can assess your situation, formulate a personalised strategy, and advocate on your behalf to reach a favourable outcome.
Seeking professional advice early offers the best chance at resolving the garnishee order and regaining control of your debts.
Communicate with the ATO:
It is essential to open lines of communication with the ATO as soon as the garnishee order is received. At Tax Negotiators, we can alleviate your tax stress and liaise with the ATO directly, on your behalf. We can outline your financial situation, providing them with relevant information such as your income, expenses, and any extenuating circumstances that may have contributed to your tax debt. This demonstrates a willingness to cooperate and find a resolution, which is highly beneficial in tax-related negotiations.
Request a Payment Plan:
Negotiating a payment plan with the ATO is often an effective way to stop a garnishee order. By proposing a feasible repayment schedule, you can demonstrate your commitment to resolving the debt while ensuring your financial stability. At Tax Negotiators, we can assist in crafting a suitable repayment plan and liaise with the ATO on your behalf.
Apply for a Hardship Variation:
If you’re experiencing significant financial hardship, you may be eligible to apply for a hardship variation. This application can potentially reduce the amount being garnished, providing temporary relief and allowing you to meet your essential living expenses. We can guide you through the application process and help you present a compelling case to the ATO.
We Can Help
Dealing with a garnishee order can be a daunting and distressing experience. However, by taking proactive steps and seeking professional assistance, you can effectively stop a garnishee order and regain control of your financial circumstances.
At Tax Negotiators, our compassionate, experienced and discreet staff can help you regain control of your financial situation. Remember, you don’t have to face a garnishee order alone — expert help is available to guide you toward resolving your tax debt and restoring your financial peace of mind.