Amendment

Lodging a tax return can be tricky and people often make mistakes in the details that they provide. To counter this problem, Agile Accounting Plus helps you to amend any mistake that you may have made during the preparation of the tax return and its lodgement. 

Occasionally these mistakes can be serious and can end up costing you a lot of money. However, these errors can be rectified within the amendment timeframe. 

The timeframes for amendments are:

1. For individual and small taxpayer related issues: 2 years from assessment date notice. 
2. For other tax issues: 4 years from assessment date notice. 

If you have missed the relevant amendment timeframe for any reason then you can request for the time duration to be extended. However, whether your plea is accepted or not will be decided solely by the commissioner based on the reasons for the delay. 

Objection

Sometimes, the ATO presents the taxpayers with a decision. If you deem that decision to be correct then it’s not an issue although if you have any objection to the decision then you can challenge that decision. This is done via an Objection form. 

The time duration for objection varies from 2 months to 4 years. In case you missed the objection time limit, you can request the commissioner to extend the time limit so that you can proceed with your objection. 

If the ATO has made a wrong decision, then it can be very costly for the taxpayers as they will be paying thousands of dollars in additional taxes. For this reason, it is important the acquire the services of tax agents so that the decisions taken by the ATO can be verified.

Agile AP’s accountants have a lot of expertise in these matters and can analyse the ATO’s decision thoroughly. If the ATO has made a wrong decision, then we will object on your behalf so that you can save your resources.