Hi,
I would like to get information on what the collective information below means.
Lodged Individual Tax Return for 2022-2023 on 21/11/24 (late).
Status is currently 'In Progress'
Outcome is currently 'Balancing account'
Process date is 24/03/25
Effective date is 21/11/23
Balance is $687.10 Credit
I also lodged another Tax Return two days earlier on 19/11/24 for the year 2023-2024 (late).
The status for that is 'Issued' and Outcome 'Nil'.
The Process date is 19/11/24
Effective date is 21/11/24
Balance is $687.10
I accidentally paid my 2020-2021 debt twice so have been $687.10 in Credit ever since.
I am trying to get a refund for this.
I also have the warning "The account has pending transactions that may affect the final balance.".
I am wondering if I will be receiving my refund soon as I am in need of it for my business start-up but have been waiting over 4 months now for the refund.
Why wasn't my over payment refunded to me much earlier, even back in 2021 when I paid it?
Thank you for any information you are able to share.
Best wishes.