For the best chance of obtaining a favourable outcome, you should contact our experienced Sydney Tax Solicitors to discuss your situation and the options available to you. We have over a decade of experience in dealing with the ATO. Our Sydney Taxation Lawyers can assist you with any dispute you may have with the ATO including preparing and lodging requests for amendments to tax assessments.
The standard period to request an amendment for individuals and very small businesses is usually two years from the date of the Commissioner notice of the assessment. For other taxpayers with more complex affairs, a four year period generally applies.
A taxpayer may apply to the Commissioner for an amendment to a tax assessment at any time within the time limit. A request for amendment must contain all necessary information and circumstances being relied upon for the amendment. The Commissioner has the discretion to accept or reject a request for amendment.
Where the Commissioner accepts that an amendment is required, the Commissioner will issue a new notice of assessment indicating the increase or decrease in tax liability.
In circumstances where the request for amendment is rejected, you still have the option to object to the tax assessment by way of lodgment of an objection (see “How do I object to a Notice of Assessment?”).
For quality and professional Taxation advice, we invite you to contact our office to speak to one of our dedicated Sydney Taxation Solicitors. For a full list of our office locations, with complete addresses, click on our Locations tab above or contact our main office line on (02) 9233 4048.
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