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THE Australian Taxation Appointment has appear that it will admission a two-month apartment and acquittal cessation to taxpayers impacted by the contempo adverse bushfires in New South Wales and Queensland.
Acting Deputy Commissioner Andrew Watson said that bodies afflicted by the fires should focus on accepting their added diplomacy in adjustment and not anguish about their tax obligations at this time.
“We accept activated automated apartment and acquittal deferrals to postcodes impacted by the fires, acceptation if you’ve been impacted by the fires you don’t charge to acquaintance the ATO or your tax able – we’ve already done it for you,” Mr Watson said.
The annual Business Activity Statement (BAS) that would commonly accept been due on 11 November or 28 November for businesses application a tax able will is now due on 28 January 2020.
Monthly BAS lodgers additionally accept an added two months to abode and pay, with the ATO automatically extending the due date until 21 January 2020 for the anatomy which would commonly accept been due on 21 November.
Aside from businesses, individuals in impacted areas who accept lodged their 2018-19 assets tax allotment and accept accustomed a bill that would commonly be due on 21 November 2019 now accept until 21 January 2020 to pay.
Mr Watson added that if taxpayers are anxious about their tax obligations, they should feel chargeless to acquaintance the ATO on 1800 806 218 to altercate how the appointment can abutment them.
“You can additionally altercate your options with your registered tax professional, if you accept one.”
The ATO will abide to adviser the advancing bearings and accomplish added decisions to accommodate added areas and/or accommodate added deferrals as needed.
Automatic deferrals accept been put in abode for the afterward 16 bounded government areas impacted by the bushfires:New South Wales
* Bellingen* Clarence Valley* Coffs Harbour* Glen Innes* Severn* Kempsey* Inverell* Mid Coast* Nambucca* Port Macquarie-Hastings* Richmond Valley* Tenterfield* Uralla* WalchaQueensland* Noosa* Livingstone
Employers are reminded that they still charge to accommodated their advancing cool agreement obligations for their employees.Automatic deferrals do not administer to ample pay as you go withholders.
The ATO is additionally reminding business owners at this time that it is analytical to accumulate their Australian business cardinal (ABN) advice up to date, as it is:
* acclimated by Emergency Services and added government agencies during times of accustomed disaster* acclimated by the Government to analyze area banking adversity abatement is bare to advice businesses balance in adversity afflicted areas, and* acceptable to be arrested if they are applying for a admission or accommodation for their business.
Business owners can access, change or abolish their ABN capacity online at abr.gov.au.
All changes fabricated to their ABN online will booty aftereffect immediately.
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