Tag: financial year 2016-2017

Posts Tagged ‘financial year 2016-2017’

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

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How to Lodge a 2017 Tax Return

Time to lodge your 2017 tax return.

This tax season runs in between 1 July to 31 October. With that in mind, when the time comes to lodge your 2017 tax return, it can make you feel like your mind is running a marathon and the finish line is nowhere in sight. Luckily, there are a few ways to lodge your tax return.

 

How do I lodge my taxes?

Taxes get complicated but keep in mind that you have more than one option for lodging your taxes.

  1. Lodge online: You can lodge with a registered online company.
  2. Lodge with a registered tax accountant: You can visit your local tax office to lodge with a tax agent. Tax season can be busy so be prepared for lengthy waiting times, steep prices and consultations.
  3. Lodge through the ATO: You can lodge on the Australian Tax Office (ATO) website or MyGov. Keep in mind that your return will be self-prepared using MyGov.

You might be wondering if you could make this process simpler.
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