Tax Lodgement Due date is fast approaching!

HomeInsights

Tax Lodgement Due date is fast approaching!

Haven’t done your tax for this financial year ended 30 June 2018? Contact us before the ATO contacts you. You might even score a surprise refund.

If you’ve missed the October 31st tax deadline, there is no need to panic. If you are registered as a client of a registered tax agent, like SMART Business Solutions, then you can usually lodge well beyond that deadline without penalty. Tax agents are given concessional extended deadlines which mean that they can lodge returns on behalf of clients up to 15 May 2019 without incurring any penalty.

In practice, if you have a refund owing to you, we can usually help you avoid any penalties. Even if you do have a balance owing to the ATO, we can often have penalties and interest remitted if we get you right up to date with your current tax obligations.

What now?


Either way, contact us as soon as possible to ensure we can assist you in lodging on time!

Want to grow your business & improve cash flow?

You need SMART solutions for YOUR business, not just annual tax compliance! Get the SMART team working with you. Call SMART Business Solutions today on 03 5911 7000 or reception@smartbusinesssolutions.com.au.

Related News

29 Nov

Unraveling Payroll Tax: Common Blunders and Grouping Dilemmas for Small Business Owners

We'll dive into some of the everyday mistakes and tricky grouping issues that small businesses often encounter when dealing with payroll tax.


READ MORE READ MORE
24 Nov

Effective strategies for managing cash flow in trades businesses

Maintaining control over cash flow is undeniably a complex balancing act. It's a challenge that lacks a quick and universal solution.


READ MORE READ MORE
24 Nov

10 reasons why it’s time to change accountant

This article aims to shed light on red-flag indicators that may suggest it's time to consider changing accountants, providing insights into the reasons behind such a decision.


READ MORE READ MORE