The law authorises that the Australian Taxation Office can impose administration penalties for conduct such as:

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  - Making false or misleading statements 

  - Failure to lodge a tax return or BAS on time (refer to important dates)

  - Failure to withhold PAYG amounts if required

  - Failure to meet other tax obligations 

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If you are liable for a penalty the ATO will notify you in writing stating the reason for the penalty, the amount and the due date. Usually the payment due date is 14 days after the notice is issued. These penalties are not tax deductible. 

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