Below are three easy actions you can take to make tax time simpler. First up, you'll need your Financial Year's Interest Summary to lodge your tax return and to verify the accuracy of the interest.
Check that your personal details are complete and up to date (including your tax-residency status and TFN). Details that don’t match the ATO records can cause processing delays.
Whether it’s online, by mail or registered accountant, your tax return should be lodged by 31 October 2019. If you qualify for a tax refund and nominated your Bank of Melbourne account on your tax return, any tax refund will be deposited directly into your account.
of us receive a refund.*
Those are some good odds, so stop putting it off.
is the average return.*
In case you were wondering how yours compared...
is the average amount claimed for charitable deductions.*
Get generous and experience that feel-good factor.
of us do our own tax.*
DIY is probably much easier than you think!
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*As cited in the Taxation statistics 2016–17 publication available here.
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