The Tax Office today reminded people who received an income tax bill for 2007-08 that payments begin to fall due from Friday 21 November 2008.
The Tax Commissioner has advised people to check their notice of assessment and pay any amount owing by the due date to avoid penalties for late payment.
“Due dates vary, so check your notice of assessment to ensure you don’t miss your payment deadline.
“If you think you may not be able to pay your income tax bill by the due date, contact the Tax Office on 13 11 42 as soon as possible to discuss your situation,” he said.
People who haven’t lodged their tax returns yet should do so as soon as they can.
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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