Managing financial difficulty and debt

If you think you’ll have difficulty meeting any of your tax obligations, contact us to discuss your situation. Penalties may apply if you don’t pay on time.

Overdue income tax returns

If we have asked you to file a return and you have not yet done so, we will estimate the amount of tax we think you owe. This is called a "default assessment". You may also be charged a late filing penalty. It is important that you file the overdue return so that your correct tax position can be confirmed. You may even be entitled to a refund.

If you are having difficulties meeting your obligations

There are a range of options available for paying amounts due. If you are unable to pay the full amount on time, please contact us as soon as possible. You do not have to wait until the due date for payment has passed.

Student loan borrowers

Find out what your options are if you’re having difficulty making repayments.

Child support paying parents

The best way to avoid debt is to pay the full amount you owe, on time, every month. But if you get behind in your payments or think you are going to have trouble paying on time, please contact us.

Penalties and interest

If you know that you will not be able to pay your tax on time or if you currently have debt outstanding, there are a number of options available to you. Learn also about the penalties and interest that may apply for failing to meet tax obligations.

Date published: 31 Jan 2005

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