Received a large ATO tax bill or penalty? Start here

Have you received a large ATO assessment, an old tax debt or a penalty that you do not fully understand? A dispute can involve an old assessment, capital gains, deductions that were not recognised, missing records, interest, penalties or years of correspondence with the ATO.

Before challenging an assessment, work out what the correct tax position should have been. That may involve reconstructing income, reviewing capital gains calculations, checking property costs, identifying allowable deductions and comparing that position with the ATO assessment. The underlying tax, penalty and interest can be separate issues.

If a penalty was imposed, understand why it was applied, what happened at the time and what evidence supports your circumstances. Relevant records might include property purchase and sale documents, work expense records, prior ATO letters or medical information.

Once the position is reconstructed, the next step may be an ATO objection with calculations, evidence and written grounds. ATO Fight Back can review the history, reconstruct the tax position, examine penalties and help prepare the appropriate submission. Every case is different and no outcome can be guaranteed. Start by getting the facts and evidence right.