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Sunday 3 March 2013

Failure to lodge forms with ATO

The ATO has increased the penalty for failing to lodge ATO forms e.g. BAS

The cost has increased to $170 for each 28 days late.

This amount continues to increase to a maximum of 5(each 28 days) x $170 =  $850.00

Larger entities pay multiples of the $170 for each period

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