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.
9 July 201904:41 PM - edited 9 July 201907:55 PM
my tax assessment showed as "in progress" in status and "balancing account" in outcome yesterday, but today it is showing back to "processing" in outcome? How come this has gone back a step if so? Thank you