Natural disasters – when your tax obligations are not top of mind

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If you or your clients are affected by a natural disaster such as a bush fire, flood, storm or cyclone the ATO allows for deferrals of tax obligations so that more immediate problems can be dealt with.nautural disasters and ato support

 

Depending on the disaster, the ATO may automatically make deferral periods or provide individual support based on the circumstances, including time extensions to pay tax bills or lodge BAS returns or set up payment plans.

 

The ATO can also support those affected by reconstructing tax records, fast tracking refunds and may even cancel penalties or interest charged.

 

If you or your clients have been affected by a natural disaster, contact the ATO to find out what assistance they can provide you.