How Tax Pay Compares:

How Tax Pay compares to an ATO tax payment plan?

While traditional Tax Office payment plans may be a viable option for some, it’s worth considering the differences Tax Pay offers our customers. Let’s explore some of the key benefits.

Tax Pay Solution vs Payment plan

Ease of use

Easy, smooth application, approval and use in online portal

Tax Deductible

Interest paid on facility loans is tax deductible

Unrivaled Flexibility

Always available, truly revolving, payment holidays to smoothly pay tax debts

Everlasting support

Everlasting, solution for greater cash flow management (subject to annual review)

Credit capacity neutral

Does not compromise your credit capacity

Credit ratings

Tax Pay does not negatively impact any existing banking facilities

Vs ATO Payment Plan

Difficult to use

Most likely to involve a much more complex application, approval and processes

Not Tax Deductible

Interest paid on facility loans is not deductible 

Totally Inflexible

Rigid, not flexible on fixed terms

One-off solution

One off solution, typically servicing a specific tax bill

Impacts Credit Capacity

Missed payments impact credit capacity

Credit ratings

Most likely to be implications for credit rating/capacity

A solution backed by

Tax Pay is one of a number of lending products offered by APX Capital, a wholly owned subsidiary of Apxium. APX Capital  provides financial flexibility, importantly maintaining choice of cash flow, empowering investment, and greater business generating activity.

APX Capital is a subsidiary of multinational SaaS Fintech Apxium. Apxium provides solutions in accounts sales and receivables across North America, United Kingdom and Australia.