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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.

ATO tipped to adopt ‘benign approach’ to PAYG instalment variations
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  • Shared by Accountants Daily
  • February 26, 2020
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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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