Updated November 12th 2013

The ATO has extended the availability of interest free payment arrangements for an activity statement debt. In order to be eligible, the following conditions must be met:

  • Annual turnover of less than $2 million
  • Debt must have arisen from activity statement liabilities
  • A mutually acceptable payment timetable entered into between now and 30 June 2011

Please note that the ATO expects businesses on a payment arrangement to enter into a direct debit arrangement. If there is a default on the arrangement through non-lodgement or non-payment, interest will be charged from the date of default.