The Smiley’s Refinance & Debt Consolidation

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By August 19, 2016

Mr & Mrs Smiley run a successful electrical business.

Mr Smiley is great on the tools but not so great with paper work, and hasn’t lodged his BAS or returns for the last 3 years.

Mr and Mrs Smiley recently received a letter from the tax department stating they were aware they hadn’t lodged a return for quite some time.

The Smiley’s finally visited their accountant, but hadn’t listened to his previous advice to keep money aside to cover their likely tax liability. They have now received notification that they need to pay of a large ATO debt.

SOLUTION
Running a successful business with sufficient income meant that the Williams were able to refinance with RedZed and consolidate their mortgage and tax debt into one.

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