ATO extends deadline in disaster areas
The Australian Taxation Office (ATO) has announced an extension to the deadline for current superannuation guarantee charge statements for those affected by bushfire and floods in Victoria, Queensland and New South Wales.
The deadline for superannuation guarantee charge statements for the quarter ending December 31, 2008, has been extended from March 2, 2009, to May 28, 2009.
“This extension of the superannuation guarantee charge statements will remove the risk of employers in those areas from being penalised for late lodgement,” tax commissioner Michael D’Ascenzo said.
“However, I do not have discretion in relation to the nominal interest component of the charge which is charged to employers who have not made contributions to a fund on time.”
The ATO has previously announced that it will cease sending correspondence, such as activity statements, to addresses in affected areas and extend due dates for lodging activity statements.
The ATO has set up a dedicated emergency support information line (1300 304 975) for those who wish to discuss their circumstances.
Recommended for you
High-net-worth advisers seeking to grow their businesses are likely to find alternatives to be a key part of the puzzle amid investor demand, according to Praemium’s head of private wealth.
The financial advice profession has lifted back above the 15,500 mark this week thanks to a double-digit net rise in adviser numbers, according to Wealth Data.
A closer watch on licensees that fall short on cyber security protections is among a dozen new enforcement priorities announced by the corporate regulator for 2025.
Research house Morningstar has welcomed a new director for manager research to cover Australian and New Zealand fund managers.