Reasons for Overdue Tax Returns
It is necessary for you to lodge an income tax return every single year. However, you might have overlooked it or ignored it due to several reasons such as:
- You have been busy
- You might have been out of the country
- You may have found it too complicated and couldn’t understand it
Fortunately, it’s not too late to mend the broken. It’s the right time to make it your top priority as the Australian Taxation Office has teeth and won’t hesitate to use them. You could be hit with a tax audit anytime so it’s better to start lodging your overdue tax return.
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Lodge Your Tax Returns Today
Do you have late or overdue tax returns? Don’t Worry! You have landed on the right page. Our experts can help you quickly lodge overdue tax returns of up to 20 years. They can also help you apply for any penalties if required. Our professionals can organise a payment plan if you owe money to the ATO. We can complete the entire process through an in-person appointment or online at your convenience.
Our qualified accountants will check your return to make sure everything is done properly. Our accountant may contact you for any ideas or questions to enhance your tax refund. Then they will lodge it at the ATO and follow it up with you if required. It’s time to simply put your tax return behind and let an expert accountant take care of it.
Lodge Your Overdue Tax Return
Your Overdue Tax Return Is Never Too Late to Lodge
But, the ATO Never Forgets About An Unlodged Return
If you have a late or overdue tax return, it’s better to start sooner. The ATO clearly states that you must lodge a tax return of any received income every year. ATO never forgets about an unlodged return if you have missed it. In fact, it often implements costs that grow more and more over time.
If you have a late or overdue tax return, it’s better to start sooner. The ATO clearly states that you must lodge a tax return of any received income every year. ATO never forgets about an unlodged return if you have missed it. In fact, it often implements costs that grow more and more over time.
Qualified Accountants
At Your Rescue
At GrowthSure, our qualified accountants can help you quickly lodge any late or overdue tax returns so you won’t have to bear the consequences of more penalties and fines in the future. It is time to sort out your tax returns and focus on other important aspects of your business.
Frequently Asked Questions
FAQs Related To Querie
Do you prepare tax returns?
Yes, our professionals can prepare tax returns for individuals and businesses. Our highly skilled and qualified accountants prepare and check all the tax returns before they are lodged. We strictly comply with the taxation laws and legislations and deliver high-quality service that ensures maximum tax returns without breaching any laws.
Can you help us to set up structures for my new business?
Definitely. At GrowthSure, we offer consultation and get advice to help you set up a business successfully. During the initial stages, we assess personal circumstances, cash flow, business risks, etc., and work with you to set up the best business structure that will be most beneficial for you.
Can you do bookkeeping for my Business Activity Statement?
At GrowthSure, we do more than just ‘keep the books’. Our experts help you get a holistic view of your business finances and tailor strategies to fulfill short-term and long-term goals. We can take the pain out of your paperwork with our leading bookkeeping and payroll service. Our robust bookkeeping and payroll services help you out with accurate financial reports every time.
Do you provide tax planning services?
Yes. We offer an entire range of services in areas including personal and business structures, investments, finance and mortgage, tax returns, etc. At GrowthSure, we help you get maximum financial benefits while strictly complying with the laws and legislation.
Can you help us with getting personal or business finance?
Of course. We employ our 10+ years of expertise to help you plan out your personal/business finance in a manner so you can gain maximum benefits while securing your financial future. Our professionals are highly qualified and will craft a custom strategy and implement solutions that can meet your exact finance requirements.
Why is tax planning important?
Whether you are an individual or a business owner, tax planning is very important to gain benefits and feel secure about your current as well as the future situation. Strategic tax planning is vital to help you meet your short-term and long-term financial goals.
What is a Self-Managed Superannuation Fund (SMSF) and how does it differ from a regular super fund?
An SMSF (Self-Managed Superannuation Fund) is a private super fund that can be managed by yourself. They are different from professionally managed funds like retail or industry funds.
When you manage your own super fund, You put your money in your own SMSF instead of adding it to a professionally managed fund. You can choose the insurance, investments, and many other aspects of your fund.
On the other hand, APRA-regulated funds need a highly-skilled professional to manage them properly. You need to be smart and confident in choosing your investments to perform better.
At GrowthSure, we have an entire team of professional accountants who have the right knowledge and experience to advise you for building and managing your SMSF.