Warning – ATO Payment Arrangements
In the past HYD have been very successful in negotiating with the ATO on behalf of our clients to enter into payment arrangements in respect of outstanding; business and personal taxes and BAS.
The ATO have changed their policy in recent months and as a result it is becoming increasingly difficult for HYD to get the ATO to enter into new payment arrangements on behalf of our clients.
If you are already under a payment arrangement or do enter into one you must ensure;
- All payments must be received by the ATO by the due date (as per the schedule they provide you) and
- You meet all of your future ATO lodgement obligations by the due date and make payment in full by the due date (ie. includes, business activity statement, instalment activity statements, fringe benefit tax, income tax returns etc).
Please contact HYD if you have any concerns regarding the above, so we can discuss your specific circumstances – we are here to help.