Lodgment of Income Tax Returns
It's that time of year when you hear the ads about having to lodge your return by 31 October. When lodging with a Tax Agent, you will automatically receive an extension to lodge. This date is usually May of the following year. For 2018 Income Tax Returns for example, these are not due until 15 May 2019.
Our schedule is still quite hectic. To have your Individual Income Tax Return prepared within 3 weeks, you will need to either email or drop off your information to us. This is currently the fastest way. There is still a back log of around 4 to 5 weeks to have an appointment.
We are also at the end of another quarter and therefore we will become busy again preparing BAS. These are due on 25 November.
We are aware that many of you have registered for myGov and have ticked the ATO box. Please note that if you do this, we no longer receive paper documents for you.
The Notice of Assessment has especially become a very big problem for us. The Assessment becomes electronic. You will be notified by myGov when your assessment is ready to be viewed. We will not be notified by the ATO that the Assessment is ready. We can at a later stage access the information from the ATO but we will not receive a paper document and therefore will not send one out to you.