Refinance your ATO debt with us in as little as 2 business days.
ATO debt is weighing heavily on many Australian businesses. From July 1 2025, interest on tax debt will no longer be tax deductible, making that debt more expensive to carry.
The ATO is also becoming more aggressive in collecting outstanding balances — issuing Director Penalty Notices (DPNs), referring cases to debt collectors, and applying interest.
If your business is carrying ATO debt, it’s time to act.
At Splendid, we help Australian businesses refinance or pay off ATO tax debt using flexible finance options.
Whether you need a lump sum to clear your balance or a working capital boost to stay compliant, we’ll connect you with a lender that understands your situation — and acts fast.
We’re not a lender. We’re your partner in finding the right finance deal for your business needs.
Loan sizes depend on your business revenue, trading history, and whether you have existing payment plans or DPNs.
Lenders may request:
1. BAS statements and ATO portal screenshots
2. Bank statements and financials
3. Evidence of tax debt and any current ATO payment plans
📌 We’ll help you prepare everything — and avoid unnecessary knockbacks.
You’re likely to be eligible if:
✅ You’ve been trading for at least 12-24 months
✅ You have at least $300K in annual sales
✅ You have a plan to get back on track
✅ No major defaults or insolvency events
✅ You are an Australian citizen or permanent resident
✅ You hold an active ABN or ACN
📌 Not sure if you qualify? Let’s talk — we’ll guide you through your options.
1️⃣ We assess your needs and gather your business profile information.
2️⃣ If you decide to proceed, we send you a Personal Privacy Consent for signature then ask you to provide required documents such as bank statements and ATO documents.
3️⃣ We analyse your business cashflow and shortlist the right-fit products and lenders based on your goals and profile.
4️⃣ We structure & present the deal to matched lenders for pre-approval.
5️⃣ Once we obtain pre-approval(s) we will discuss the available options with you in detail.
6️⃣ You choose the option you're happy with and we will kick-off a formal application with the lender.
7️⃣ If the lender approves the finance, they will send you the rates and key terms
8️⃣ If you are happy with the lender's offer, you sign the loan documents they send you
9️⃣ The lender gives you access to the funds.
From 1 July 2025, interest paid on ATO debt will no longer be tax deductible, meaning you’ll pay more in real terms. Refinancing now may save you money and help you avoid ATO enforcement action.
Yes — some lenders are comfortable with ATO arrangements if you’re not in default. We’ll help you present your case in the best light.
It depends on the loan size and your business profile. Many lenders offer unsecured loans up to $250,000. Larger amounts may require property, a personal guarantee, or a caveat.
The ATO can issue DPNs, list your debt on your credit file, refer you to external collection agencies, or even initiate legal action. It’s important to act before it escalates.
We do not perform credit checks. However, lenders we present your deal to may conduct soft credit checks. If you choose to proceed to an application with a particular lender, the lender will run a full check.
If you’re looking to reduce your tax burden and avoid unnecessary penalties, now is the time to refinance your ATO debt. Let Splendid help you get the right deal — fast.
