GST Blue Saffron

GST - Australia - Failure To Lodge

January 08, 2022 Anup Season 1 Episode 49
GST Blue Saffron
GST - Australia - Failure To Lodge
Show Notes

Sometimes people don't meet their lodging obligations on time, even with the best intentions due to lack of funds or forgetful nature. Failure to lodge a return on time may result in penalties. The ATO (Australian Taxation Office) sends you a FLT penalty notice stating the amount and due date of the penalty. Listen to the podcast to know various types of penalties involved for different business entities.