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Australia: Automatic deferrals for tax agents, company income tax (COVID-19)

Australia: Automatic deferrals for tax agents

The Australian Taxation Office (ATO) announced filing (lodgement) deferrals for tax agents for certain company income tax, self-managed super funds, fringe benefits tax, and other tax returns in response to the coronavirus (COVID-19) pandemic.

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Filing 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.

The 2018-19 income tax returns for individuals, partnerships, and trusts can be lodged by the 5 June 2020 concessional due date, provided taxpayers pay any liability by this date.

The filing and payment due date for 2019-20 Fringe Benefits Tax (FBT) annual returns has been automatically deferred to 25 June 2020.

If tax agents need more time, they can on a case-by-case basis seek a request for deferral.

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