As an individual sole trader who always has a $1000.00 payable when I do my tax I wait until debt is due then pay the debt off over 6 months. During this time i sit the money in an offset account and pay less interest better in my account than the ATO
like i mentioned, if your account balance is under about $10k, the monthly interest is under $100 and usually automatically remitted (but not always). derek
Actually theyre sending invalid notice of assessments, saying you owe money and you should of paid it BEFORE the assessment was generated.
As an individual sole trader who always has a $1000.00 payable when I do my tax I wait until debt is due then pay the debt off over 6 months. During this time i sit the money in an offset account and pay less interest better in my account than the ATO
like i mentioned, if your account balance is under about $10k, the monthly interest is under $100 and usually automatically remitted (but not always). derek