Announcements
Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
Still not sure? Ask the Community

ATO Community

Bring forward tax returns

This post is archived and may not be up-to-date.

I'm new

Views 599

Replies 1

It may have already been suggested but would it be possible to bring tax returns forward to perhaps give people some much needed funds to tide them over during this difficult time?
1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Devotee

Replies 0

Hi @Omchas26 ,

 

The government has enacted legislation to support its economic response to novel coronavirus (COVID-19) to help the economy withstand and recover from the economic impact of coronavirus. Please see the below links where this is some really helpful information. 

https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Specific-disasters/COVID-19/?=re...

 

 https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Specific-disasters/COVID-19/?anc...

 

 

 

 

 

 

 

Please note this is my personal view; I’m an ATO employee who chooses to help out here in my own time
1 REPLY 1

Most helpful response

Devotee

Replies 0

Hi @Omchas26 ,

 

The government has enacted legislation to support its economic response to novel coronavirus (COVID-19) to help the economy withstand and recover from the economic impact of coronavirus. Please see the below links where this is some really helpful information. 

https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Specific-disasters/COVID-19/?=re...

 

 https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Specific-disasters/COVID-19/?anc...

 

 

 

 

 

 

 

Please note this is my personal view; I’m an ATO employee who chooses to help out here in my own time