COVID-19 Bad Debt Write-Offs

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Because of the COVID-19 pandemic, the time for writing off bad debts for the 2020 income year has been extended to 30 June 2020. However, while the time frame has been extended, you:

  • cannot write off the debts as bad by the end of the 2020 income year as a result of the impacts of Covid-19
  • can only take into account information that was relevant as at the end of your 2020 income year.
If you have any question, please contact our office on 0800 367 425 and one of our friendly team will be able to advise you on your options.

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