The tax office has extended its assistance measures for people affected by bushfires. Around three and a half million businesses, individuals and self-managed super fund trustees in impacted local government areas will have until May 28 to lodge and pay business activity statements and income tax returns.
This is on top of a two-month extension already granted.
The Commissioner of Taxation, Chris Jordan, says the ATO is also fast tracking any refunds due to taxpayers in the impacted areas.
The ATO will also be remitting any interest and penalties applied to tax debts since the commencement of the bushfires that have been applied to accounts of individuals and businesses located in impacted areas.
For taxpayers in affected areas who have an outstanding tax debt, the ATO will not initiate debt recovery action until after May 28. Taxpayers can request payment arrangements for outstanding debts.
Jordan says the ATO will handle the deferrals, faster refunds and remissions automatically. The tax office will also reissue any documents it has available, to help people whose documents were destroyed by fire.
Affected taxpayers are able to vary their income tax instalments to nil.
The ATO has a list of impacted local government areas on its website. It says anyone who has been affected by fire but is not in one of postcodes listed can contact the ATO for tailored help.
The ATO says employers still need to meet their super guarantee obligations.