64 Jolimont Street, East Melbourne VIC 3002

Accounting News

Bushfires 2019–20 (ATO)

Devastating bushfires have been burning across large parts of Australia since November 2019.

 

 

Important Information.

The bushfires have had a major impact on a large number of Australians and the trauma and devastation can't be overstated.  The ATO has already released a website update that outlines how it is helping those effected.  Accounting bodies and your accountant are also ready to help.

Also just released by the ATO is information about an automatic two-month deferral for lodgements and payments to those impacted by the ongoing bushfire crisis.  Identified impacted postcodes across New South Wales, Victoria, Queensland, and South Australia will be granted an automatic two-month deferral for activity statement lodgments and payments due.  Taxpayers or their agents do not need to apply for a deferral.

Read more ...

 

ATO

 



W Marshall & Associates 64 Jolimont Street, East Melbourne VIC 3002

Important: This is not advice. Clients should not act solely on the basis of the material contained in this Commentary. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before taking any action. The Commentary is issued as a helpful guide to clients and for their private information. Therefore it should be regarded as confidential and not be made available to any person without our prior approval.