Australians warned to not jump the gun on tax return

Australians Warned to Not Jump the Gun on Tax Return

Australians are being warned to exercise patience when lodging their tax returns and be wary of tax-time loans this end of financial year. Some 142,000 people had amendments or their returns investigated by the tax office in 2024 after jumping the gun before it was marked “tax ready.” These were returns lodged in the first two weeks of July 2024. Waiting a few extra weeks gives the tax office ample time to pre-fill important information. “We pre…

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

Australian National Review - Australians Warned to Not Jump the Gun on Tax Return

Australian dollars coins in Melbourne, Australia, on April 4, 2024. AAP Image/Joel Carrett Australians are being warned to exercise patience when lodging their tax returns and be wary of tax-time loans this end of financial year. Some 142,000 people had amendments or their returns investigated by the tax office in 2024 after jumping the gun before it was marked “tax ready.” Source link The post Australians Warned to Not Jump the Gun on Tax Retu…

TPAR reporting - part one - Bundaberg Today

As we approach the end of the financial year, it’s important for business owners in certain service-based industries to turn […] Subscribe or Login to see the rest of the content. The post TPAR reporting – part one appeared first on Bundaberg Today.

No rush needed for tax return

TAXPAYERS have been warned not to lodge their tax returns too early. Last year 142,000 people who lodged in the first two weeks of July had to lodge amendments, or had their returns investigated and amended by the Australian Taxation Office to fix...