The bushfires have had a major impact on a large number of Australians and the trauma and devastation can't be overstated. The ATO has already released a website update that outlines how it is helping those effected. Accounting bodies and your accountant are also ready to help.
Also just released by the ATO is information about an automatic two-month deferral for lodgements and payments to those impacted by the ongoing bushfire crisis. Identified impacted postcodes across New South Wales, Victoria, Queensland, and South Australia will be granted an automatic two-month deferral for activity statement lodgments and payments due. Taxpayers or their agents do not need to apply for a deferral.
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