Frequently Asked Questions

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Tax Returns - Due Dates

Income tax returns are due for lodgement with the ATO by the 31st of October each year.

However by lodging your return with Austax you are usually eligible for an extended lodgement deadline.

Individuals with no overdue prior year tax returns typically qualify for an extended due date of at least the 31st of March.

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Please contact our office to discuss your circumstances as soon as possible.

Where you are unable to lodge your return prior to the due date imposed by the Australian Taxation Office due to circumstances beyond your control (eg, serious illness, defence force members posted overseas) we may be able to arrange an extension of the lodgement due date.

Other options may include appointing a representative to manage your affairs on your behalf.

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Taxpayers who fail to lodge their tax returns on time risk penalties including fines, interest and potential imprisonment.

Failing to lodge your tax returns on time you may also render you ineligible for, or required to repay, other government benefits such as the Family Tax Benefit, Child Care Benefit and Child Care Rebate.

Generally any penalties applied increase in severity depending on how long your return has been overdue so we advise contacting Austax as soon as possible to discuss your situation.

It may be possible to have fines and penalties remitted by the ATO depending on a number of variables such as;

  • the number of returns overdue,
  • the amount of tax owing from these assessments,
  • your previous lodgement history, and
  • your compliance with a directive to lodge your returns.
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Each year Austax helps a number of clients who have not lodged their tax return for many years.

Our practice is equipped to electronically prepare tax returns from 1990 onward and can still manually prepare older returns as required.

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Can’t find the answer you are looking for? Please contact us at taxreturns@austaxaccountants.com.au