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.
company i worked for liquidated and as someone who knows very little of tax issues i was notified by a thrid party that i was not eligable for a return i foolishly took their word and manually submited a NIL tax return. after a bit of research and reciving my PAYG via mail i spoke to an accountant that notified me an amendment was necessary and that i should wait 3 weeks before making any contact. the 3 weeks have passed and its in in progress !