If you cannot pay your tax on time, phone the Account Management Infoline on 13 11 42 between 8.00am and 6.00pm (EST), Monday to Friday to discuss your situation. Depending on your circumstances, you may be able to:
defer the payment, or
enter into an arrangement to pay by instalments.
In some circumstances, you will need to provide written details of your financial position, including a statement of your assets and liabilities and details of your income and expenditure. You may also be asked to substantiate or provide further explanation of that expenditure.
We will also want to know what steps you have taken to obtain funds to pay your tax debt and what steps you are taking to make sure you pay future tax debts on time.
If we agree to defer the time for payment, General Interest Charge (GIC) will not apply until after the deferred date for payment. Alternatively, if we allow you to pay by instalments, we will charge you GIC on the outstanding balance from the original due date.
You can claim any interest we charge as a tax deduction in the income year in which you incur it. If we charge you interest, you can request a remission of all or part of the charge. Phone the Account Management Infoline for further information.
Subscribe
