🍃 ATO Change to PAYG Tax Notices 🍃

Some of you will have been affected by the ATO's unannounced change of operation, in relation to the issue of quarterly PAYG Tax notices.

Advice from the Tax Counsel for Tax and Super Australia informs of a recent decision of the ATO to change paper-based Activity Statements to digital delivery from the month of November 2020. This change in technology is causing problems for tax agents and their clients. The key problem for most tax agents is those clients that either do not have a myGov account or have turned off their notifications in their myGov account. As the installment notice is not arriving at the office of the tax agent, it is only the notification through myGov that alerts your client to an activity statement being issued. However, in some cases, clients are not receiving the ATO created notifications in their myGov accounts. Demand for payment letters are starting to issue from the ATO in relation to non-payment of the November 2020 installment. This is due to the client being unaware that an activity statement was due and payable.
Until the change is reversed or modified it will be necessary for you to monitor your myGov account for the quarterly notices.

If you have turned off the notification in your myGov account, or if you do not operate a myGov Account, you can request Chequers Financial Services to notify the ATO to send the digital copies to Chequers' internet address, and we can continue to monitor the amounts and attend to any variation that may be necessary.

Please contact us today if you need any help with any of your tax needs!