HomeCommonly Asked QuestionsGetting Started & EligibilityDoes payroll tax debt affect my borrowing?

Does payroll tax debt affect my borrowing?

An outstanding payroll tax debt does not automatically stop you borrowing, though lenders treat it much the way they treat ATO arrears and they will want the story behind it. What matters is whether the debt has been disclosed, whether a payment arrangement is already in place and whether the business trades well enough to clear it inside a sensible period. Debt that surfaces later in the process is the far bigger problem.

How lenders view it

State revenue debt sits alongside ATO debt in a lender’s mind as money owed to a government creditor that can escalate quickly. A recent assessment being paid down under an agreed arrangement is usually workable. A long running balance with no plan, or arrears on a plan you have already broken, is much harder to place. Some non bank lenders take a more practical view here than the banks do. Expect to provide a statement of account plus evidence that recent instalments have actually been paid.

What makes it workable

Disclose it upfront. Brokers and lenders find these balances anyway through bank statements or a portal check. A surprise late in the file costs you credibility you cannot get back. Get the arrangement in place before you apply rather than after. Where the debt is large against turnover, some businesses look at refinancing it into a facility with a longer term. Whether that stacks up for you depends on your tax position and your cash flow, which makes it a conversation for your accountant rather than for us. Thresholds also differ by state.

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This page is general information only. It doesn’t take into account your objectives, financial situation or needs. It isn’t financial, credit, tax or legal advice. All applications are subject to the lender’s terms, conditions and eligibility criteria. Your full financial situation will need to be reviewed before any offer is made. Any figures mentioned are indicative only and subject to change without notice. Bonomi Finance Pty Ltd T/as Bono Finance is a Credit Representative (No. 554584) authorised under Australian Credit Licence No. 414426 (AFAS Group Pty Ltd).

Last updated 15th July 2026. Reviewed by Authorised Credit Representative 554584 of Australian Credit Licence 414426.