ATO offers relief to flood victims

australian taxation office taxation ATO

10 February 2009
| By By Benjamin Levy |
image
image
expand image

The Australian Taxation Office (ATO) has offered to fast-track tax refunds to victims of the storms in Queensland and give taxpayers more time to pay off their debts without accumulating interest charges.

The tax commissioner, Michael D’Ascenzo, said the tax office understood that this was a trying time for residents in Queensland and that the ATO would move to alleviate the strain on victims.

The tax office also offered to help residents reconstruct destroyed tax records and give them more time to meet deadlines to lodge their tax returns.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 3 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 3 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week 4 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 3 days ago

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

1 week 2 days ago