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Effective date

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Processed date: 16 Aug 2019
Effective date: 21 Nov 2017
Tax return Individuals - Income Tax for the period from 01 Jul 16 to 30 Jun 17
$2,879.00 CR
$2,880.00 CR
Why is affective date 2017
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Hi @Kirstythomas,

 

Thanks for your question!

 

Generally speaking, if the effective date is several years in the past it is because your return was lodged after the due date. The processed date is the date that we have completed the transaction, but the effective date is the date that it should have been done by if it was completed on time.

 

Thanks, @NelsonS

1 REPLY 1
Highlighted

Best answer

ATO Certified

Community Support

Replies 0

Hi @Kirstythomas,

 

Thanks for your question!

 

Generally speaking, if the effective date is several years in the past it is because your return was lodged after the due date. The processed date is the date that we have completed the transaction, but the effective date is the date that it should have been done by if it was completed on time.

 

Thanks, @NelsonS