Notify us in writing within 14 days of being appointed as a representative of an insolvent client, or if you stop representing the client.
After notifying us of your appointment, contact the client’s Revenue Online account administrator to request permission to access their account. Their administrator will need to appoint you as an administrator with full access/rights. The system allows up to three administrators. If your client can't appoint you, contact us to request access to their account.
As the representative, you must:
- advise us if the insolvent client has any ongoing payroll tax liability, or provide us with the date on which the client has stopped paying wages
- lodge all outstanding payroll tax returns and
- pay post-appointment liabilities in full.
We may impose penalties for late lodgment and late payment.
Email us for pre- and post-appointment matters and proof of debt enquiries.
Outstanding returns and annual reconciliation
Revenue Online provides a wage breakdown function which automatically totals the wage payments that constitute either taxable or exempt wages and calculates the amount of tax payable.
Complete annual reconciliation by 21 July, or earlier if the individual client’s circumstances require it.
Lodge all WA wages for the entire current financial period. If the insolvent client pays interstate wages, lodge the Australian taxable wages for the entire current financial period.
Payments
Make payment for any outstanding returns from the date you are appointed to manage the insolvent entity. If you are appointed part way through a month, you will need to manually calculate the liability for that month using the following formula:
Amount to pay = number of days appointed, divided by total number of days in the month, times tax calculated.
The amount displayed on the ‘Payroll Tax Lodgment’ screen is based on the liability for the entire month.
