Debt and tax pressure
Another loan can buy time while adding another repayment. Understand why the shortfall keeps returning before deciding whether borrowing is appropriate.
Separate the immediate issue from its cause
List creditors, repayment commitments and notices already received. Distinguish a temporary timing gap from ongoing losses. Tell your accountant about tax arrears and any missed arrangement payments.
Check affordability before commitment
A funding discussion needs a realistic view of repayments, fees, security and any personal guarantees. 180 provides general information and referral, not credit advice or an offer of finance. Obtain independent advice on the terms and risks.
Bring the right adviser into the discussion
Tax questions belong with a registered tax agent or the ATO. Legal notices and potential personal exposure require qualified legal advice. Where insolvency is a concern, speak with a registered liquidator. An assessment request does not suspend collection or any deadline.
Formal notice? Call 0489 080 360 and contact your qualified adviser promptly.