If you are experiencing financial difficulties, consider making a debt repayment plan with the Tax Office. Repayment terms can be quite
generous, in some cases allowing up to two years to pay the balance of outstanding amounts.
We can make arrangements for Income Tax accounts and also Integrated Client accounts to cover GST, PAYG instalments and PAYG Withholding from staff wages.
It’s important to stay on top of your lodgement obligations to avoid late lodgement penalties. Don’t delay lodging forms because you anticipate having problems paying the ATO. We can negotiate monthly, fortnightly or weekly repayment amounts that you can pay via Bpay or automatic bank transfer.
Sometimes the Tax Office will even remit interest charges. The most important thing is to communicate with us so we can approach the Tax Office and make a suitable arrangement in a timely manner.
