ATO Lodgment Deferrals for
Flood Affected Areas

Following devastating flooding and storms across QLD and NSW the ATO have announced financial and tax relief measures, with the understanding that tax may not be the number one priority at this time. 

For small business and individual taxpayers in affected local government areas in QLD and NSW who were due to lodge Business Activity Statements and Instalment notices on 28 Feb 2022 or 21 March 2022, these statements can now be submitted up until 28 March 2022. You do not need to request a lodgment deferral.  Be aware that the ATO system will still reflect the original due date until lodgment has occurred.  Penalties may automatically generate as a result until the ATO are able to remit these.     

The ATO will assess further lodgment deferrals on a case-by-case basis for those taxpayers still unable to lodge by 28 March 2022.  In this situation an actual request is required to be made. 

The Australian Gov. Disaster Recovery Payments (AGDRP) and the Disaster Recovery Allowance (DRA) may be available if you have been affected by floods.

See Disaster support from other agencies via the button below for information about payments and support available in a disaster.

Recent Beam News:

The ATO are chasing Super payments

What You Need to Know about Superannuation ComplianceWhile late superannuation contribution payments have always been an area of focus by the ATO...

eInvoicing – What is it & What are the Benefits?

e-Invoicing eInvoicing is a government initiative designed to make exchanging invoices and doing business more efficient. eInvoicing involves a...

5 Reasons to use ONLINE Payment Gateways

Invoices with an option to ‘pay now’ get settled far faster than not.    Imagine what that could do for your cash flow?  So why choose to use a...