The Federal Government has announced the following extensions for Personal Tax Returns:
- Deadline to File: Extended to June 1, 2020
- Deadline to Pay: Extended to August 31, 2020
- Deadline for Personal Tax Instalments: Extended to August 31, 2020.
The Federal Government has announced that taxpayers may sign electronically transmitted tax returns using an electronic signature. This is a temporary measure. This is not extended to paper filed tax returns.
Electronic filled tax returns are encouraged as paper filed returns are likely to be stockpiled during the quarantine.
The Federal Government has extended the filing deadline for Trusts with a taxation year ending Dec 31, 2019 to May 1, 2020 from March 30, 2020.