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.
Hi there, Last FY I received two Pay summaries from my one govt employer. I was seconded to another role part time but still had the same bosses and only working a total of a 40 hour week. As a result of this I received two summaries at end of year and was met with a hefty tax bill and did not utilise any voluntary tax payments. So my question is, can I dispute this bill with the ATO in order to reduce my bill as I believed I was still with the same employer? Many thanks.