ATO - 2016 TAX RETURN AMENDMENT
Hi.
I am currently in the UK; and I have been in contact with the ATO, as I have just received a letter from the ATO, outlining that I might need to amend my tax year ending 2016 tax return to include some foreign income. When I submitted my return at the end of 2016, I genuinely forgot about a small amount of savings interest received here in the UK. Since then the Nationwide B/S or the HMRC have been in contact with the ATO, so they have sent me a letter here to the UK. Been online, but they will not allow me to amend my 2016 tax return in my YouGov/ATO account as the time has elapsed. I cannot find another way to pay this small amount of tax owing ($100). I have tried to call the ATO but the wait time is outrageous, costing me a lot on my mobile phone. Any ideas how to pay this $100? The letter states that if they audit my account in the future, they may request more information, and I may receive a penalty. I have until the end of April to amend my 2016 tax return. Anybody had similar problems? Thanks |
Re: ATO - 2016 TAX RETURN AMENDMENT
|
Re: ATO - 2016 TAX RETURN AMENDMENT
|
Re: ATO - 2016 TAX RETURN AMENDMENT
Originally Posted by sign
(Post 12664732)
Hi.
I am currently in the UK; and I have been in contact with the ATO, as I have just received a letter from the ATO, outlining that I might need to amend my tax year ending 2016 tax return to include some foreign income. When I submitted my return at the end of 2016, I genuinely forgot about a small amount of savings interest received here in the UK. Since then the Nationwide B/S or the HMRC have been in contact with the ATO, so they have sent me a letter here to the UK. Been online, but they will not allow me to amend my 2016 tax return in my YouGov/ATO account as the time has elapsed. I cannot find another way to pay this small amount of tax owing ($100). I have tried to call the ATO but the wait time is outrageous, costing me a lot on my mobile phone. Any ideas how to pay this $100? The letter states that if they audit my account in the future, they may request more information, and I may receive a penalty. I have until the end of April to amend my 2016 tax return. Anybody had similar problems? Thanks |
Re: ATO - 2016 TAX RETURN AMENDMENT
Originally Posted by Reasonable
(Post 12674015)
I guess you gave them you tax file number. Otherwise how would the ATO have known?
Best regards. |
Re: ATO - 2016 TAX RETURN AMENDMENT
Most all countries are now required to submit banking details to ATO as per anti money laundering rules now in operation.
|
Re: ATO - 2016 TAX RETURN AMENDMENT
Cheers Guys.....
I cant amend 2016 tax year in my portal, the time has expired. Making a payment online using my PRN; well it will just sit in my account, as my account shows no amounts owing. To get the money applied to that specific year, I guess only a phone call will work? No I never gave Nationwide my TFN, I had an Australian address registered while living in Oz. The Nationwide put two and two together I guess. My mistake was I thought the tax had been taken off at source by the Nationwide, hence I did not need to include the £300 in interest gained in the UK while living in Oz. The tax was not taken, hence what I owe to the ATO. But it needed to be included anyway. My mistake, we all make them. |
All times are GMT. The time now is 4:06 pm. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.