Co.Credit - ATO Refinance Calculator

Ease your cashflow by refinancing your ATO debt

The ATO's General Interest Charge is over 11% p.a. and isn't tax deductible. See what you'd save by refinancing into a Co.Credit trail book loan.

Enter your details

Tell us what you owe the ATO and choose your Co.Credit term. We'll do the comparison.

Co.Credit refinance term 60 months
12 mo 60 mo

* Estimates only. ATO payment plans are modelled at 11.17% p.a. GIC over a 24-month term. Co.Credit refinance modelled at 20% p.a. Actual rate depends on your trail book and circumstances.

Monthly repayment
ATO
$11,665
24-month payment plan
Co.Credit
$6,624
60-month term

$5,041 / mo cashflow freed with Co.Credit

Co.Credit interest is generally tax deductible (assumed 30% company tax rate). The ATO's General Interest Charge isn't deductible from 1 July 2025, so every dollar of GIC costs you a dollar out of pocket.

ATO debt $250,000
Co.Credit term 60 months
Annual cashflow freed $60,492

Ready to refinance your ATO debt?

Get Started

Why brokers refinance ATO debt with Co.Credit

ATO debt is expensive, not tax deductible, and pressure from the ATO can disrupt your business. A Co.Credit loan against your trail book changes the picture.

Lower repayments

Stretch the term to suit your cashflow. Free up money each month for the things that grow your business.

Tax deductible interest

Interest on a Co.Credit business loan is generally tax deductible — unlike the ATO's General Interest Charge.

No property security

Borrow against your trail book, not your home. Keep the ATO off your back without putting personal assets on the line.

How it works

1

Apply online

Complete our simple online application in under 10 minutes. No financials required upfront.

2

Get approved

We assess your trail book and provide an offer within 24 hours.

3

Pay out the ATO

We send funds directly to the ATO. You replace expensive non-deductible debt with a structured business loan.

Frequently asked questions

The General Interest Charge (GIC) is the rate the ATO applies to unpaid tax debts. It currently sits above 11% p.a., compounds daily, and from 1 July 2025 is no longer tax deductible. That makes ATO debt one of the most expensive forms of debt a broker can carry.

The calculator gives an estimate based on a 20% p.a. Co.Credit rate, a 24-month ATO payment plan at 11.17% GIC, and the debt amount you enter. Your actual rate, term and repayment depend on the size and quality of your trail book and your circumstances. We'll confirm everything before you accept any offer.

The ATO will generally only agree to payment plans of up to 24 months for tax debts, and the General Interest Charge continues to accrue daily across that term. We model your ATO repayment as a 24-month amortised payment at 11.17% p.a. so you can compare it apples-to-apples against a longer Co.Credit term.

No. Co.Credit loans are secured against your trail book income, not property. You don't need to put your home or investment properties at risk to pay out the ATO.

Most applications receive a decision within 24 hours. Once approved, funds can be sent directly to the ATO to clear the debt, typically within a few business days.

Stop overpaying the ATO

Refinance your ATO debt into a structured business loan and put cashflow back in your business. Apply online in under 10 minutes.

Get Started Now

Email us

hello@cocredit.com.au

Call us

1300 112 999

Our office address

55 Collins St,
Melbourne VIC.