ATO says: If you’re unable to pay on time, you may be able to set up a payment plan to pay by instalments.
You still need to lodge your BAS on time. This will show us you’re aware of your obligations and doing your best to meet them.
If your business owes $100,000 or less, you can propose a payment plan:
– via Online services for business and choosing Accounts and payments then payment plans
– by phoning our automated phone service on 13 72 26
You may be eligible for an interest-free payment plan if your business:
– has an annual turnover of less than $2 million
– has recent amounts owed from an activity statement of $50,000 or less that has been overdue for no longer than 12 months
– has good payment and lodgment history including:
* no more than one payment plan default within the last 12 months
* no outstanding activity statement lodgements
You can find all the fine print here
