Hi,
last tax year 2021/2022 I received a refund of a few thousand a month or so ago and just in the last few days received a notification income tax 551 bill for a few grand as well. What’s this all about? Seems an error.
Hi @Jaas,
When you received the new bill, did you receive a new Notice of Assessment advising what had changed? This is usually located on the third page detailing what has been adjusted.
If you believe the bill to be an error, you can object to your assessment.
Hi @Jaas,
When you received the new bill, did you receive a new Notice of Assessment advising what had changed? This is usually located on the third page detailing what has been adjusted.
If you believe the bill to be an error, you can object to your assessment.
Hi @DanielleATO
Thanks for your response. No I just double checked there is no change to Notice of Assessment (still only 2 pages long) and nothing attached to the bill. I cant see why its come through at all?
Just found a note Div 293 tax. That might explain it?
Cheers
@DanielleATO it was this Div 293 additional tax issue. Turns out the Super funds dont advise the ATO of payments received till after the self submitted personal tax cut off date. Seems a bit of an odd system designed not to flag breaching the threshold till after the NOA.
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