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Tax account

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Newbie

Views 544

Replies 2

Hii
Tax shows
Processed date 8/08/19
Effective date 13/08/19
Debit (dr) $$xxxx
Balance $0.00
But then also shows another one saying
Processed date 5/8/19
Effective date 13/08/19
Credit (cr) $$xxxx
Balance $$xxx cr

What does it mean do i have a debt or not
1 ACCEPTED SOLUTION

Accepted Solutions
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Best answer

ATO Certified

Community Manager

Replies 0

Hi @Amandaash,

 

We've had a very similar question about the changes in tax return statuses answered before on the Community which should help explain it for you.

 

Let us know if you have any further questions! Thanks, @NateATO

2 REPLIES 2
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Devotee

Replies 0

It means that your tax return is processing but it has not finished yet. Most returns take around 10 days but can take longer. Read this article for an explanation of all the different stages you describe.

https://community.ato.gov.au/t5/Tax/Tax-Time-Where-s-my-tax-return/ta-p/8103
Highlighted

Best answer

ATO Certified

Community Manager

Replies 0

Hi @Amandaash,

 

We've had a very similar question about the changes in tax return statuses answered before on the Community which should help explain it for you.

 

Let us know if you have any further questions! Thanks, @NateATO