Help for Taxpayers – Bushfires and floods
The government and the ATO have announced help for taxpayers affected by the recent floods and bushfires that have been plaguing the country for the past weeks.
The government has announced that it will provide tax deductible status to relief funds established to help Australians affected by bushfires and floods.
In addition, the ATO will automatically make arrangements to defer the following taxation obligations for taxpayers in the affected areas:
- lodgment and payment of the monthly December, January and February activity statements to 29 April 2013; and
- lodgment and payment of December quarterly activity statements from the original due date of 28 February 2013 to 29 April 2013.
Taxpayers do not need to apply for a deferral.
There are some exclusions, particularly for large withholders and for super guarantee payments generally.