Understanding the Recent Changes
As of 1st July, the Commonwealth penalty unit amount increased to $313 for infringements occurring on or after that date. Failing to meet a tax obligation, such as not lodging on time, may incur penalties.
Importance of Timely Lodging
We recognise that businesses may face financial challenges, making it difficult to pay on time. However, even if you’re unable to make a timely payment, it’s crucial to lodge your taxes on time.
Reach Out Early for Solutions
Regardless of your situation, early communication is key. Reach out to us promptly so we can collaborate with you to identify a suitable solution. We strive to comprehend your circumstances, enabling us to offer precise advice and support precisely when you need it.
Additional Information and Support
For more information and comprehensive support, please visit
https://www.ato.gov.au/General/Support-to-lodge-and-pay/If-you-can-t-lodge-or-pay-on-time/?=redirected_cantlodgeorpay
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