

| Late Returns |
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We know stuff happens, life gets in the way and sometimetimes you don't get your tax return lodged. Next thing you know you are receiving another PAYG Earnings Summary, you can't find last year's lot and ...
Don't panic!The fact is that there is a legal requirement for most taxpayers in Australia to lodge a tax return each year. If it is overdue because you missed the 31 October deadline, we can usually deal with that just by notifying the Australian Tax Office that we are now representing you. In most cases they give us extra time to lodge your late return. If you have several years of overdue returns, there are things that we can do to help. We have assisted clients lodge 2, 3 or more prior year tax returns. We have even done as many as 24 years of past returns for one poor fellow. (We have computer software that lets us go back that far!)
Even if you are missing some of your PAYG Earning Summaries or old group certificates, we can probably arrange to get copies for you.
There could be good newsOccassionally we find that you might not have been required to lodge a tax return for some of the years concerned. It could have been that your taxable income after deductions fell below the tax-free threshhold. If so, we will notify the Tax Office on your behalf that a return is not necessary. As we prepare your tax returns our calculations may show that you are actually entitled to refunds for each of those tax years. Getting those returns done could mean money in the bank as well as a weight off your shoulders.
Even if it is bad newsYou may have already received a demand notice from the Australian Tax Office. Or it might be that you want to get in now before the ATO catches up with you. Either way, you are probably concerned right now about fines and penalties. With over 20 years in the businesss, our staff have a working relationship with the ATO. In many situations, we are able to successfully apply to the Tax Office on your behalf to have any penalties reduced or cancelled.
Fix it nowEvery day you delay makes it harder for us to work with you to fix the problem. So act now. Contact us today to discuss your particular situation. We can and do help. |