3min chapter

FIT(ish) cover image

Tax time do's & don'ts

FIT(ish)

CHAPTER

How to Avoid Tax Penalty Fees

It will depend as no sort of one figure of a penalty. So it could be as little as sort of around 275. And then they impose maximum penalty for individuals of around $1,100. It just depends on how late it is and all that kind of stuff. The ATO can see that you haven't lodged your tax returns so it's just a matter of something popping up in their system or them running some sort of data in their system to get caught if you want to put it that way.

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