Accountants and Tax Agents Riverstone

1. Can I Get Prosecuted For Not Lodging My Tax Returns In Australia? What happens if you fail to file for your tax refunds? Should you be concerned or just let it be? Let’s find out here quickly.

2. Accountants and Tax Agents Riverstone Tax returns are a great way to get back the extra money that you have paid to the government. It is one of the most important things that every taxpayer must undertake. But, in case you have not lodged a tax return, then, you might well face serious consequences.

3. Accountants and Tax Agents Riverstone If you are earning more than the current tax-free threshold of 18,200 AUD, then, of course, you will have to pay tax. If you are under the threshold, you need to file non-lodgment advice with the Australian Tax Office that will notify them about your current status. Otherwise, they can charge you on grounds of non-compliance.

4. Accountants and Tax Agents Riverstone The tax office or ATO will inform you about FTL i.e., Failure to Lodge if you have crossed your due date. The fine after the penalty is calculated at the rate of one penalty per unit that stretches for 28 days. You can have 5 penalties and currently, the unit is $210 which can extend up to at least $1050 if you cross all the 5 penalties.

5. Accountants and Tax Agents Riverstone Filing for taxes and getting refunds can be bothersome if you are not acquainted with the intricacies. To minimize the pressure and stress and save yourself from legal hassles, get in touch with the best Accountants and Tax Agents Riverstone today.

6. Visit Us http://aaataxagentservices.com.au/