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25 Jan 12 Default assessments for non-lodgers to issue soon

The ATO advises that on 14 December 2011, it sent default assessment warning letters to agents' clients who had overdue income tax returns where the ATO had evidence that they received taxable income in the relevant financial years.

These letters were titled "Default assessment warning" and are part of the ATO's ongoing work to address non-lodgment. If the overdue returns are not lodged by 3 February 2012, the ATO advises that it will issue default assessments for these clients based on the estimated taxable income included in the letter.

 


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