ATO Media Release:
The Tax Office has assured people affected by the floods in New South Wales that they do not need to worry about their tax at this time.
Tax Commissioner Michael D’Ascenzo said this is a very difficult time for residents of the central coast and Hunter region, especially those who have suffered damage to their home or business.
“We understand that people have other priorities to sort out now and it may be some time before they are able to focus on tax matters.
“People who are having problems meeting their tax obligations because of the flood can call us on 13 11 42 to make arrangements that suit their individual circumstances,” Mr D’Ascenzo said.
Your tax agent can also talk to the Tax Office on your behalf.
The Tax Office can help by:
- fast tracking refunds for people impacted by the flood
- giving extra time to pay debts - without interest charges
- giving more time to meet BAS and other lodgement obligations – without penalties
- helping reconstruct tax records where documents have been destroyed, and
- offering personal visits from field officers to help reconcile lost records.
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