Entities that need extra time to prepare and lodge reports can apply for an extension via either:
Small reporter tools
If you have up to 50 reportable individual accounts and up to 50 reportable organisation accounts, you can use ATO’s small reporter tools (SRT) for CRS and FATCA. ATO says you can create nil reports using SRTs, but do not re-use old versions as SRT is updated periodically. Download an SRT for each report you create.
For more information, go to FATCA news and updates.