Difficult times leads to ATO Support
The ATO has recognised that many businesses have been doing it tough due to unexpected events such as financial hardship arising from Covid, mental health issues and natural disasters such as floods and bushfires.
There are many ways the ATO can help, such as providing;
- Additional time to pay ATO debts
- Providing payment plans
- Providing opportunity to lodge activity statements and tax returns.
- Assisting business owners with options to reconstruct destroyed records.
- Fast track refunds that are owed to the business.
- Remission of penalties and interest charges.
We are happy to assist clients in finding options with the ATO to assist them.