Late Lodgement Penalties, What can i do about it? – BBQ Talk 22

Late Lodgement Penalties, What can i do about it? – BBQ Talk 22

I was a bit late lodging my tax return this year and they have imposed penalties and interest on top of my tax bill. Have I got to just pay these extra costs or do I have the right to appeal?

Ans (Debbie from Affinitas)

Bob should definitely contact an accountant and discuss whether he has a case to put to the ATO for full or partial remittance of the fines and interest.

You have the right to appeal to them directly, but often our experience at dealing with these matters and communicating with the ATO can be very beneficial at times like this.

If you are interested in the services that we offer and would like to have a chat with one of our friendly staff, please contact us on 3359 5244, visit our website or come see us in our Aspley Office and let us explain what we can do for you!

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Agilis Chartered Accountants

Agilis Chartered Accountants

Agilis Chartered Accountants provides tailored accounting services, offering clients a high level of personalised advice and support - from individual tax to business consultancy. With a commitment to driving success, we provide comprehensive accounting and advice solutions that ensure every stage of your journey is met with the utmost efficiency. From startup through expansion and growth, our services make it easier for you to achieve business objectives – ultimately leading towards greater financial stability.