You’ve only got days left to turn in your tax return before the October 31 deadline. Hopefully, you get money back and can then focus on how to actually spend it.
The ATO will issue a Failure To Lodge (FTL) penalty if your return isn’t lodged by the deadline. It’s calculated at the rate of one penalty unit for each period of 28 days or part thereof that you’re overdue. Penalty units are ...
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