Your Small Business Specialists

Call (03) 9682 7011

03 9682 7011 Fax: 03 9682 7022

info@elevatedaccounting.com.au

99 Coventry St. South Melbourne VIC 3205

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ASIC Late Payment Fees

A question we are regularly asked is – “can we have ASIC late fees reversed?”.
The answer is almost always no except in extreme cicumstances.
ASIC take a very hard line with regards to making the annual payment on time.
This article from Smart Company illustrates how difficult it is to have the fines reversed.

Small business owner speaks out after ASIC snubs appeal for clemency over late annual review invoice