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  • ATO tipped to adopt ‘benign approach’ to PAYG instalment variations

ATO tipped to adopt ‘benign approach’ to PAYG instalment variations

The ATO is expected to adopt a “benign approach” to PAYG instalment variations in the wake of recent disasters, says one professional accounting body.

by | 25 Feb, 2020

Trustee behaviour in focus as ATO wins in Administrative Appeals Tribunal

While accountants will be looking to help vary PAYG instalments to provide timely cash-flow benefits for their business clients in the wake of the Black Summer bushfires, floods and the COVID-19 outbreak, concerns have been raised about the ATO’s position on interest and penalties.

Read more at the Accountants Daily.

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