The ATO recognises that high fuel costs are affecting some businesses, and it will provide targeted support to eligible businesses that are unable to meet their payment obligations for three months, from 1 April 2026 to 30 June 2026.
In particular:
u the ATO will provide streamlined access to more flexible payment plan arrangements, including longer payment terms, no upfront payment, and access to general interest charge (‘GIC’) remission where payment and lodgment conditions are met;
u high fuel costs will be a relevant factor in consideration of additional requests for remission of GIC and other penalties; and
u the ATO will provide support to vary pay as you go (‘PAYG’) instalments where there has been a reduction in taxable income.
Businesses can assess their eligibility and notify the ATO of their interest in accessing a tailored payment plan and intention to vary PAYG instalments through the ATO’s online services. The ATO will then contact these businesses or their representatives with more information and next steps.
Editor: Please contact our office if you require assistance regarding the above.
