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#EveryoneNeedsAPlan: ATO Lodgement Penalty Amnesty Ending 31 December, 2023
Posted by G. Dean McKinnon
on 8 December 2023
The May 2023 federal government budget included a penalty amnesty for Late Lodgement of tax obligations.
- Individuals and small businesses (annual turnover <$10m) can lodge overdue Tax Returns, BAS and FBT returns without incurring the a Late Lodgement penalty
- The amnesty applies to lodgements that were due between 1 December, 2019 and 28 February, 2022
- The amnesty ends 31 December 2023
Contact your Accountant or Tax Agent if you need help with your Late Lodgements or contact us for a referral if required.
Author:G. Dean McKinnon
| Tags:Tax |
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