ATO support for small businesses in Whyalla experiencing financial difficulty

The ATO recognises that individuals and businesses can experience financial difficulties due to challenging business conditions or unexpected events, and takes an empathetic approach to working with these individuals and businesses to get them back on track.

The ATO are supporting the Whyalla community as it faces challenges associated with Arrium entering into administration.

To those who can’t meet their tax payment obligations, the ATO is offering supportive repayment arrangements and remission of interest where appropriate.

Registered tax and BAS agents can call 13 72 86 (fast key code 1, 2, 2) from 8.00am to 6.00pm weekdays and from 10.00am to 4.00pm Saturday to discuss their clients’ situation. Individuals can call 13 11 42 and businesses can call 13 28 66 should they wish to discuss their situation directly with the ATO.

For debts under $100,000, individuals and sole traders who wish to deal with their own affairs can go to ato.gov.au to set up a payment plan using our online service. Alternatively they can seek assistance from their registered agent.

The ATO encourage local businesses to lodge their BAS (either themselves or through their registered agent) on time, even if they can’t pay, so that they understand how much support they need. Payment terms can be worked out later.

The ATO are working closely with the SA Small Business Commissioner and are currently planning to visit the Whyalla community to outline the support available.

The ATO look forward to working with the Whyalla business community to get the best possible outcome during this challenging time.

Leave a Reply

Your email address will not be published. Required fields are marked *