ATO deferral of payments and lodgements

April 24, 2020

The ATO has advised that it is providing a short-term blanket deferral for a number of lodgement and payment obligations, to ease the burden on tax professionals during this difficult time.

-Lodgement and payment deferrals will be automatically applied to the following obligations due on 15 May 2020:
-company 2018-19 income tax returns are now due by 5 June 2020
-SMSF 2018-19 annual returns are now due by 30 June 2020.
-2018-19 income tax returns for individuals, partnerships and trusts can be lodged by the 5 June concessional due date, provided your clients pay any liability by this date.

The lodgement and payment due date for 2019-20 FBT annual returns has been automatically deferred to 25 June 2020.

These lodgement deferrals will be automatically applied and tax professionals with clients in a bushfire-affected areas will continue to have the benefit of deferrals already in place as announced by the ATO on 20 January 2020.