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ATO Notes Tax Payment Relief Options for Businesses Experiencing Difficulties

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a notice on available tax payment relief options for businesses experiencing difficulties.

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Support available to businesses experiencing difficulties

Find out what you can do if you're struggling to pay your tax bill in full and on time.

Paying your tax bill in full and on time will help you avoid paying the general interest charge (GIC), which is currently 11.34% and accrues daily for any overdue debts. But if your business is dealing …