ATO launches fuel crisis payment plans for businesses falling behind
The tax office has launched temporary repayment plans for businesses struggling with surging fuel costs, and will limit compliance actions in hard-hit industries.
The Australian Taxation Office (ATO) has launched temporary repayment plans for businesses struggling with surging fuel costs, and will limit compliance actions in the hardest-hit industries as it adjusts to what could be the most significant economic shock since the COVID-19 pandemic.
As conflict in the Middle East rocks the global energy market, the tax office on Wednesday announced its new fuel response payment plan, a streamlined option for Australian businesses falling behind on their tax obligations due to fuel prices.
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