Turn your ATO debt into a fresh start
Got a profitable business but drowning in ATO debt? An SBR could reduce your tax debt by 70% while you keep trading. No liquidation. No closure. Just a fresh start.
Is your company's tax debt keeping you awake at night?
Many profitable Australian businesses are struggling with ATO debt that built up during tough times. But there's a way forward that lets you...
Keep running your business
Your doors stay open and you maintain full control of your company's operations.
Reduce your tax debt
Most Business Reset clients achieve about a 70% reduction in what they owe the ATO.
Get the ATO off your back
No more threatening letters or pressure - all ATO enforcement action stops immediately.
Sleep (way) better at night
Finally enjoy peace of mind knowing you have a clear plan to deal with your company's tax debt.
What is a Small Business Restructure (SBR)?
An SBR is a Small Business Restructure. It's an initiative brought in by the federal government to support small businesses that may have struggled during or since COVID.
You're not alone if your company has large tax debts that you've not been able to stay on top of, but your business has now turned the corner and is otherwise profitable.
An SBR is a government backed lifeline to get your company back on track by reducing your company's ATO debts and allowing you to pay the balance off over time.
It's not liquidation or bankruptcy – it's a chance to reset while you keep trading.
The benefits of an SBR
Why more company directors are choosing to go through an SBR
Your business keeps operating normally
No disruption to your day-to-day operations, employees, suppliers, or customers. You stay in control while we handle the ATO negotiations.
Typically reduces ATO debt by around 70%
Most of our clients see their ATO debt slashed to a fraction of what they owed, turning an impossible situation into a manageable one.
Stops ATO enforcement action immediately
Once we start the SBR process, the ATO must stop all recovery action, including Director Penalty Notices and legal proceedings against you.
Protects you from personal liability
An SBR can prevent the ATO from making you personally liable for company tax debts, protecting your personal assets like your family home.
Creates an achievable monthly payment plan
Instead of the ATO demanding large lump sums, you'll get a structured payment plan that fits your business's cash flow.
No more sleepless nights worrying about debt
Perhaps the biggest benefit? The peace of mind that comes from having a clear path forward and knowing your business's future is secure.
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Small Business Restructure (SBR) basics
SBRs are for companies, not sole traders or partnerships.
Your company's debt needs to be under $1 million.
The business continues, whereas an insolvency closes it.
An SBR typically reduces a company's ATO debts by 70% after costs.
The remaining debt is repaid in monthly and/or lump sum payments.
There are other eligibility criteria, which we'll explain when we speak with you.
Could your business qualify for an SBR?
Your company might be eligible if:
Your total debts are under $1 million
You have an Australian company (Pty Ltd)
Your business is still trading
Your company has (or can get) tax lodgements up to date
You want to keep running your business
How does the SBR process work?
Initial chat
We'll quickly explore with you where you're at, the extent of your ATO tax debt, and what your available options are. There's no charge for this confidential conversation.
Planning Session
We'll conduct an in-depth assessment of your company's financial and ATO compliance situation to formulate a plan. This session is also complimentary.
You have not paid a cent to this point
After we show you your likely debt reduction and overall savings net of any costs with us, you can make a decision to proceed or not. You decide whether to appoint us.
SBR preparation
We prepare and submit the SBR Proposal to the ATO, negotiate on your behalf with the ATO (and other unsecured creditors you may include in the SBR).
SBR implementation
If your SBR proposal is accepted by the ATO (our success rate is 97%), then we will implement the SBR for you, including administering payments to creditors.
You get a fresh start
Being able to press reset on your ATO debt is an amazing opportunity. You'll have a massive burden removed and be free to move forward with confidence.
What does an SBR cost?
The total cost typically ranges from $15,000 to $25,000, depending on your company's situation. But here's the good news:
The cost is usually more than covered by the debt reduction achieved
Most clients see a return on investment of 5-10 times the cost
We don't invite you to appoint us until after we are confident your SBR will be accepted.
Act on your tax debt before the ATO does. Call us.
Why Choose Business Reset?
1st
Most SBRs in Australia
Our director, Jarvis Archer, has done more successful SBRs than anyone in Australia.
97%
SBR success rate
Approval rate of Small Business Restructures we have submitted to the ATO on behalf of companies.
$0
to start the process
We analyse your situation in-depth before providing recommendations for action. This costs you nothing.
Our Team
Our down-to-earth team will explain your SBR options without the usual jargon many advisors use.
Steve McAllister
Head of Customer Engagement
In his relaxed manner, Steve guides company directors to understand their options when they're struggling with issues including cash flow, potential insolvent trading, and ballooning ATO debts.
Jarvis Archer
Restructuring Practitioner / Liquidator
Jarvis is known for his down-to-earth and relatable approach. He's a straight talker who isn't afraid to ask company directors the tough questions that lead them to clearer decisions and better outcomes.
Daniel Dekleva
Head of Restructuring
Dan's skills in financial analysis and corporate recovery, combined with more than 16 years' experience in the corporate insolvency and liquidation space, make him the ideal leader for his SBR team.
When your tax debt becomes unmanageable
Comparison of your options
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SBR
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Insolvency
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Doing Nothing
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You retain control of business
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Company keeps trading
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Reduces your debts
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Monthly payment plan
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Avoids personal liability
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If you want to keep your business going, a Small Business Restructure (SBR) is your best option, if eligible. (We'll work out your eligibility with you very quickly.)
Sometimes though an insolvency (closing the business) is the wisest option. It depends. We'll give you the facts for you to decide which way to go.
Frequently Asked Questions
FAQs
A: The formal process takes 35 business days once started. Including preparation time, most arrangements are completed within 2-3 months.
A: Only if they're owed money. Most SBRs primarily involve the ATO, and many suppliers won't need to know.
A: Yes. You stay in control of your business throughout the process.
A: They keep their jobs. Employee entitlements are protected during an SBR.
A: No. An SBR is designed to keep viable businesses trading, while liquidation closes them down.
An SBR can still help, even if you've received warning letters or a Director Penalty Notice.
Take the first step - contact us today for a free initial chat.
Let's have that free initial chat
You've got the answers, now it's time to act.
