Category: Tax Deadlines | Blog

Have you ever missed a tax deadline? The E-Lodge team will keep you up-to-date on all tax deadlines and start dates for the year.  Check back here periodically for Australian Tax Office updates. We will provide them to you as the ATO releases them to the public.

Questions about tax deadlines? You can leave a comment on our blog or ring our customer support team Monday through Friday and we’ll give you the answers you need!

Archive for the Tax Deadlines | Blog category

It’s Not Too Late to Lodge a 2016 Tax Return Online

Always running late? Stay on time this tax season!

The tax deadline to lodge your 2016 tax return is 31 October. Maybe you’ve been late lodging your tax return in the past but we’re going to help you turn over a new leaf. E-Lodge makes it easy for you since you can lodge your 2016 tax return online, right from the comfort of your own couch!

Let’s discuss a few tips that will make this process as stress-free and simple as possible.

 

Make sure you have your PAYG Summary (and other income documents).

This may seem self explanatory but is easy to overlook sometimes. According to the ATO, employers should have employee PAYG payment summaries issued by 14 July. That being said, you should have your PAYG by mid-July whether or not the withheld amount is nil.

Don’t have yours yet? We can help with that.

There are a few ways to track down your payment summary:

  • Request a copy from your employer
  • Request a letter from your employer which stated your income and amount withheld
  • Review your payslips, timesheets and bank statements

Worst case scenario? You can lodge your tax return without a PAYG. Of course, you’ll need to estimate your income and withholding details as best you can. For help, use the ATO’s tool, gross pay estimator. Read the rest of this entry »

What are the Australian Financial Year Dates?

Mark your calendar. The Australian Financial Year Runs from 1 July to 30 June.

The Australian financial year dates can easily be confused with the Australian tax season dates. The financial year always ends on 30 June.

It’s good to keep in mind that during the Australian tax season, you’ll report the income you earned throughout the financial year.

Still confused? Unsure of the dates? We’re here to help.

Financial Year & Tax Season Dates

Here’s what you’ll need to know…

2013-2014 Financial Year: 1 July, 2013 – 30 June, 2014

2014-2015 Financial Year: 1 July, 2014 – 30 June, 2015

2015-2016 Financial Year: 1 July, 2015 – 30 June, 2016

2016-2017 Financial Year: 1 July, 2016 – 30 June, 2017

Read the rest of this entry »

What If I Miss the Tax Deadline 2015?

31 October doesn’t only mark the day of scary costumes and lots of candy. It’s also the tax deadline 2015.

The tax deadline 2015 is 31 October. That means, your 2014-2015 tax return is considered late as of 1 November 2015.

It also means, some tax services like etax will shut down.

Don’t worry. Even if you can’t make the deadline, you can still prepare your tax return online with E-Lodge.

You may face a ‘failure to lodge on time’ penalty

Not lodging your tax return on time means the ATO could apply a failure to lodge on time penalty.

However, just because you’re lodging late doesn’t necessarily mean you’ll face the ATO penalty. You’ll only face the failure to lodge on time penalty if you fall within one of the three following categories;

  1. you have more than one tax return outstanding
  2. you have a poor lodgement history
  3. you have not complied with a request from the ATO to lodge

In other words, if you’ve avoided lodging past tax returns, you won’t have much of a leg to stand on.  Read the rest of this entry »

Deadline to Lodge Your Tax Return is 31 October

Don’t Miss the Tax Return Due Date

The last day to lodge a  tax return on time is 31 October.

Still need to lodge? You should do your tax return sooner rather than later.  With E-Lodge, completing a tax return is easy. In fact, you can do it in as little as 15 minutes!

You’ll be reporting income earned during the 2013-2014 financial year on your 2014 tax return. The financial year ran from 1 July through 30 June.

Not sure what you’ll need to lodge? Check out our Tax Preparation Checklist Read the rest of this entry »

It’s Not Too Late to Lodge a 2014 Tax Return

End of 2014 Tax Season is 31 October- Don’t wait until the last day to lodge your tax return!

Good news- you haven’t missed the Australian tax return deadline 2014 and can still lodge your tax return on time! The tax return due date 2014 is October 31.

Don’t wait until the last minute. Instead, get it out of the way prepare your 2014 tax return sooner rather than later. With E-Lodge, it’s easy.

E-Lodge not only allows you to prepare your current year tax return, but your prior year tax returns as well. In other words, if you’re late lodging a tax return you can get caught up with E-Lodge!

Don’t Wait or You’ll Face Late Penalties from the ATO

Don’t put off completing your 2014 tax return. If you owe the ATO money or if you’re being forced to lodge a tax return, you’ll be charged a late lodgement penalty. Read the rest of this entry »

Australian Tax Year Dates

Australia’s financial year runs astray from your run-of-the-mill calendar.

The time period covered by Australia’s tax returns does not correspond to a regular calendar year. Instead, the tax year begins in July and ends in June of the following year. Of course, that’s not to be confused with the tax season which will take you on a 4-month stretch from July to October.

Don’t wait until the October deadline to lodge your tax return! Instead, it’s best to get it out of the way as soon as possible.

When does the financial year start and end?

The Australian tax year (aka financial year) begins smack-dab in the middle of your calendar year on 1 July and ends 30 June of the following year. That means that all of your financial successes and mishaps that occur during that time will be reflected on your tax return for that year.

That brings us to the tax season. This begins on 1 July and ends on 31 October each and every year. You have these four months to lodge your current year tax return on time without having to worry about any ATO penalties.

What if I lodge after the deadline date?

If you fail to lodge your return by the end of tax season on 31 October, you may have to pay a penalty. Read the rest of this entry »

It’s Not Too Late to Lodge Your 2013 Tax Return

Did you forget to lodge your 2013 tax return? E-Lodge is here to help!

The 2013 Australian tax season ended on 31 October, 2013. Even though it’s time to lodge your current year tax return, you still can lodge a late 2013 return with E-Lodge.

Nervous about lodging late? Don’t be. The ATO accepts late tax returns.  In fact, if you’re lodging your late 2013 tax return voluntarily and you do not owe the ATO, than you probably won’t be charged late lodgement penalties.

If you are expecting a refund and lodging late,  you’ll still be able to receive your refund.  However, it’s always best to lodge sooner rather than later.


ATO Penalties

If you do owe the ATO money or if you’re being forced to lodge a tax return, expect to be charged a late lodgement penalty. Read the rest of this entry »

Tax Return Due Date 2015 Is 31 October

Make sure to lodge by the 31 October Tax Return Due Date

Each year, the ATO deadline for lodging on time is 31 October.

If you haven’t lodged yet, you should start the process now. Don’t procrastinate any longer.  Why? E-Lodge makes lodging easy. There’s no excuse to wait any longer.

Keep in mind, the 2015 tax return is for the financial year running from July 2014 through 30 June 2015. That means, any income you received during this time period, you’ll report on your 2015 tax return.

Not sure what you’ll need to lodge? Check out our Tax Preparation Checklist.

Read the rest of this entry »

It’s Not Too Late to Lodge a 2012 Tax Return

It’s not too late to lodge a 2012 tax return online.

Even though the 2016 tax season is upon us, it’s not too late to lodge a 2012 tax return. In fact, with E-Lodge you can lodge your tax returns going back to the 2006-2007 tax year. It’s best to get caught up before you go on to lodge a return for the most current financial year but we understand that things happen and we can help you get completely caught up all at once.

You don’t need to complete the 2012 tax forms yourself.

Sure, you always have the option to download the 2012 tax form PDF from the ATO website and take the chance of completing it on your own.

But the beauty of doing your taxes on E-Lodge is that it doesn’t require any forms. All you have to do is enter your information into the online tax application.

When you’re finished, your tax return will be completed with the information you entered. Our application will also make sure that you take advantage of every offset and deduction you’re entitled to. Then before we lodge it with the ATO, one of our accountants will look it over to make sure everything is accurate. Read the rest of this entry »

What is the 2015 Tax Return Due Date?

Lodge your 2015 Tax Return by 31 October!

Individuals must lodge their tax return by the official ATO tax return due date- 31 October.

Every year the tax season begins on 1 July and runs through 31 October. During this time you must lodge a return for all the income you received during the immediately preceding financial year. The financial year runs from 1 July to 30 June of the following year.

 

The tax season runs from 1 July – 31 October 2015. That means if you haven’t yet lodged a 2015 tax return, you shouldn’t wait any longer!

Unsure of who you can trust to lodge your taxes with? E-Lodge is a credible and safe online tax lodgement service, created to help you easily lodge your taxes online.

What happens if you lodge after the 31 October deadline?

If you’re late lodging your return you may have to pay penalties and interest to the ATO. Read the rest of this entry »