Filing a late tax return can pose unprecedented problems if not done strategically. Palladium Financial Group can provide the most feasible services in this regard. Our team of experienced professionals can help you to lodge a late tax return with complete peace of mind.
We possess extensive knowledge and experience in lodging any possible former tax returns for you. You can lodge a late tax return with us even if it is from 30 years ago. Our objective is to discover the optimal refund against each of your lodgements.
Hassle-free Late Tax Return Lodgement
If you wish to file a late company tax return, professional assistance would be necessary and we will ensure zero troubles for you. This is all because of the in-depth understanding which our professionals possess in the field of late tax return lodgement. Our specialists leave no stone unturned when providing services to our clients.
That’s how we ensure the best outcomes concerning your late tax return lodgement. So, when it comes to filing tax return late, always feel free to contact us. Every time a client approaches us we ensure the most productive late tax-return lodgement for them.
Sometimes, the ATO incurs a ‘failure to lodge penalty on time’ on potential applicants, when they fail to submit penalties for late tax returns on time. The late tax return penalty is measured at the rate of one penalty unit every 28 days or for a part of it. This ensures that the document is overdue maximum till five penalty units. The following two penalties apply if you’re filing taxes late in Perth.
This allows the returns to remain outstanding till a sum of max $1,050
A look at the potential circumstances
The ATO will incur a late tax return lodgement penalty only if the following circumstances apply to you:
Our professionals utilize the most strategic techniques while applying for a penalty remission on your behalf. This lets you attain a quick and hassle-free absolution from your late tax return penalty. So, make sure you contact us on time to clear all your overdue tax returns successfully.
When filing overdue tax returns, our tax specialists can provide you with acute services. Our unique late tax return solutions include the following:
Our clientele is expanding cumulatively with time pertaining to their late tax return filing and subsequent execution. Some compelling reasons behind that are outlined below.
Get in touch with the Palladium Financial Group to lodge your late tax returns in the best possible way.
If you don’t lodge by the due date, you may be hit with a “Failure to Lodge (FTL)” penalty from Australian Taxation Office (ATO). One penalty unit is applied for every 28-day period (or part of it) that your return is overdue.
For individuals or small entities, penalty units currently cost ~AUD $330 per 28 days. Over time, this can add up — for example:
1–28 days late → ~$330
More than 112 days late → up to ~$1,650 (5 penalty units)
Yes. Even if you’re years behind, you can still lodge overdue returns. A tax agent can retrieve missing ATO data and help you lodge all outstanding years correctly.
The ATO can issue fines, interest, or even default assessments that may overestimate your tax. Ignoring the ATO for too long increases your financial and compliance risks.
You can still lodge all of them. Tax agents handle multi-year lodgements regularly and can help reduce penalties and set up payment arrangements if tax is owed.
Would you like to speak to one of our financial advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.
Copyrights © Palladium Financial Group 2026