Number of extensions or time frame an accountant can request from the ATO

Discussion in 'Accounting & Tax' started by money, 12th Jun, 2019.

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  1. money

    money Well-Known Member

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    How many times can an accountant request from the ATO to extend the deadline for a SMSF tax return? Up to what date would the ATO allow it to be done? Our accountant has taken nearly 6 months to nearly complete the SMSF 2018 tax return. In fact, only started work on it mid-last month in May!!
     
  2. Ross Forrester

    Ross Forrester Well-Known Member

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    It varies. I knew a mate (sole operator) with glandular fever and he got about two years for his practice.
     
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  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Technically its already overdue.

    The ATO often refuses extensions as such. They merely grant a approved deferred lodgement.
     

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