21 Nov 2019 ATO grants two month deferral for bushfire victims in New South Wales and Queensland
The ATO has announced that it will grant a two month lodgment and payment deferral to taxpayers impacted by the recent catastrophic bushfires in New South Wales and Queensland.
- The quarterly Business Activity Statement (BAS) that would normally have been due on 11 November or 28 November for businesses using a tax professional will now be due on 28 January 2020.
- Monthly BAS lodgers also have an extra two months to lodge and pay, with the ATO automatically extending the due date until 21 January 2020 for the form which would normally have been due on 21 November.
- Individuals in impacted areas who have lodged their 2018-19 income tax returns and have received a bill that would normally be due on 21 November 2019 now have until 21 January 2020 to pay.
More information can be found here.