When you’ve been audited and have received a letter from the Australian Tax Office, or ATO, claiming that you owe them money, this doesn’t necessarily have to be the end of it. If the situation is such that you feel the ATO is in error and that you don’t really owe them money – or you don’t owe as much as they claim you owe – you have the right to compose and send them a letter of objection so that the situation can potentially be resolved. Naturally, this doesn’t automatically mean that your tax burden will be reduced or eliminated, but it does give you an option in case you feel that the ATO is mistaken or has overlooked something. There are deadlines for sending this letter, of course, but the good news is that there are now websites that can help you draft the perfect letter, and they often provide their services for free or for one low price.
Getting Started Is Easy
An ATO objection letter doesn’t have to be complicated or long just to get the point across. You do have to follow certain protocols and adhere to the deadlines set forth by the ATO, but in most cases you can find sample letters and templates online that you can use to develop your own letter. Lodging an objection to an audit always has to be in writing, and whether you’re a taxpayer or a tax professional, you can easily find a good ATO objection letter example if you look online. As far as the contents of the letter go, there are certain things that must be included, such as the full details of your case, supporting documentation, all relevant facts and information, and of course, your personal signature. In fact, in many cases you don’t even have to file this letter yourself, because you can get a spouse, a relative or friend, or even a tax professional to do the work for you.
Increasing Your Odds of a Positive Outcome
Once again, these objection letters never guarantee that your tax debts will be eased or eliminated altogether, but if your case is sound and you have the documentation to back up your claims, the odds are greatly improved that you’ll get what you feel you deserve in the end. Normally, objections can be faxed in or sent through the mail, with both of these options providing you with proof that your objection letter was received by the proper authorities. Of course, even if you send in your objection letter and receive a less than favourable response, you still have other options available. Once again, a little online research can help you find the answers you’re looking for, but if you send in an objection and dislike the response you get from the ATO, there is no need to despair. The objection letter is the first part of the process when you feel that the ATO’s audit is incorrect, so it is good to know that the situation doesn’t have to end there if you are unhappy with the results of their audit.