PHOTO: ATO Assistant Commissioner Tim Loh.
WITH tax time around the corner, the Australian Taxation Office (ATO) is reminding taxpayers not to rush lodging their annual income tax return from 1 July.
Taxpayers who lodge before their income statement is marked as ‘Tax ready’ and their other pre-fill information has been received run the risk of processing delays and follow-up questions from the ATO if their return is incomplete.
ATO Assistant Commissioner Tim Loh explained that returns lodged in early July are more likely to be changed . . .
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