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_Rinareenz(Newbie)Newbie
20 July 2021

Hi there,

My income tax 551 shows $5400 DR however my tax assessment is still balancing. I have paid a significant amount of tax this year and my hex was only $800 DR. Do I wait until the balancing is finished or do I pay it?

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2,769 views
1 replies

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Most helpful replyATO Certified Response

MarkATO(Community Support)Community Support
ATO Certified Response21 July 2021

Hi @Rinareenz

You must wait until the notice of assessment issues. Nothing on the account is ever final till then. See our information on checking the progress of your return. It is really helpful in understand how your return processes.

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Most helpful replyATO Certified Response

MarkATO(Community Support)Community Support
ATO Certified Response21 July 2021

Hi @Rinareenz

You must wait until the notice of assessment issues. Nothing on the account is ever final till then. See our information on checking the progress of your return. It is really helpful in understand how your return processes.

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