Are You Required to Lodge a Tax Return?

Do you need to lodge a tax return

Most people need to lodge a tax return each year.

In general, you need to lodge a tax return if:

  • you are over 18 years old and your taxable income is more then $18,200 for the tax year;
  • you are under 18 years old and your taxable income is more then $416 for the tax year;
  • you have received income from employment or any taxable Government allowance during the year;
  • had a tax withheld from any income you earned during the year;
  • your taxable income is more then $18,200 for the tax year;
  • you made any tax instalments during the year;
  • you are a business owner, received dividends or distributions from trusts and partnerships.

If you do not need to lodge a tax return you need to notify the ATO by lodging a Non Lodgement Advice.

If you need to lodge a tax return TAXRUNNER is a quick, easy, safe a secure way to lodge tax return. You will receive your tax refund within 7-14 business days.

START YOUR TAX RETURN WITH TAXRUNNER NOW