You can lodge a written objection against the decision made by ATO if, you disagree with the decision and penalty imposed by the ATO. An objection must be filed in writing within the time limit specified. The objection should contain the following details:
You can object to most of the decisions ATO makes except for the Diverted profits tax assessment. There are number of decision one can object to such as ABNs, GST, Income tax, Excise, Jobkeeper Payment, Superannuation, FBT, LCT, WET, etc.
The time limits to lodge an objection vary from 60 days to 4 years. If the last day falls on a non-business day, you can lodge an objection on the next business day. The time limit shall be counted from the date of assessment or date on which decision was given.
If you fail to raise an objection in time, then you can ask for an extension of time in writing along with the objection.
ATO will review the documents and information provided and if required they will contact the applicant or their representative for further information.
If the ATO considers pass order in your favor, then they will pay the money they owe you alongwith interest.
However, if the ATO upheld their earlier decision, then they will send you a notice and information on how to pay any outstanding amount of tax. If you are not satisfied with the decision on your objection, you can apply for an independent external review.
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