THE due date for 2021-22 tax returns is fast approaching and The Australian Taxation Office (ATO) is reminding taxpayers to get on top of their returns by lodging or engaging a registered tax agent before October 31.
“People with simple tax affairs can lodge through our free myTax service in under 30 minutes. Most of the time information you need will already be there; just check if it’s correct, add any additional income, and claim deductions you’re eligible for,” said ATO assistant commissioner, Tim Loh.
“Our website has a range of helpful calculators and tools to help you get it right. These are designed to guide you on a range of topics, from whether you need to lodge a tax return, to working out which deductions and expenses specific occupations and industries can claim.”
He said anyone who needs more time to prepare their return can lodge with a registered tax agent. Using a registered tax agent for the first time or changing agents? Mr Loh said you must engage them before October 31.
Free programs to assist include the ATO’s ‘Tax Help’ program, which is run by trained volunteers and is available to taxpayers earning $60,000 or less per year who have simple affairs.
The National Tax Clinic program is a government-funded initiative to help individuals, small businesses, non-profit organisations and charities who may not be able to afford professional advice and representation with their tax affairs. It’s ran by Australian universities and supported by the ATO.
Remember, be mindful of keeping your personal information protected. This means never sharing your myGov login or myGovID details with anyone. Visit the ATO’s website for more information.
