I need you expert advise.
Based on the ATO guide Franking account balance should have been filed on or before July 31, 2022.
You only lodge if the is franking deficit tax to be paid - you have not said whether there is or not.
If there is, then you need to lodge ASAP and pay FD tax now.
If there is a late payment/lodgement penalty, ATO will issue to you.
You only lodge if the is franking deficit tax to be paid - you have not said whether there is or not.
If there is, then you need to lodge ASAP and pay FD tax now.
If there is a late payment/lodgement penalty, ATO will issue to you.
Thank you @Bruce4Tax.
Is it thru only post or it can be done online?
For the payment, would it reflect on the account to pay? :)
Thanks so much.
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