ATO Community

Re: income tax return

Newbie

Views 464

Replies 4

processed date 24 August 2020 assessment issue date 27 August 2020
24 Aug 2020

27 Aug 2020

EFT refund for Income Tax for the period from 01 Jul 16 to 30 Jun 17

$4,526.00 DR
$1727.00 CR
what does this mean?
1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Former Community Support

Replies 2

Hi @jessehaze

 

Thanks for posting!

 

When the status of your return in myGov says 'Issued', this means you should be able to see your notice of assessment in myGov, along with the effective date for payment if you’re entitled to a refund (your refund will be sent to your nominated bank account).

 

Have a look at our article Tax Time: Where's my return? It explains time frames as well as the various stages your return progresses through.

 

Hope this helps!

 

 

 

4 REPLIES 4

Newbie

Replies 0

when do I get my refund in my account?

Most helpful response

Former Community Support

Replies 2

Hi @jessehaze

 

Thanks for posting!

 

When the status of your return in myGov says 'Issued', this means you should be able to see your notice of assessment in myGov, along with the effective date for payment if you’re entitled to a refund (your refund will be sent to your nominated bank account).

 

Have a look at our article Tax Time: Where's my return? It explains time frames as well as the various stages your return progresses through.

 

Hope this helps!

 

 

 

Newbie

Replies 1

on my summary it says
received date 13 August 2020

estimated assessment issue date 27 August 2020

refund payment method
EFT

does that mean I'm getting a refund on the 27 August?
I'm confused?

Former Community Support

Replies 0

Hi @jessehaze,

 

Apologies for the delay in responding.

 

Have you received your refund?