With around 500,000 people who may be eligible for the tax bonus payment yet to lodge their 2007-08 tax return, the Tax Office is reminding people to lodge before time runs out.
Acting Tax Commissioner David Butler said it’s important for people who think they are eligible and haven’t lodged to make arrangements now.
“If you don’t lodge your return by 30 June 2009 you will miss out on the payment, unless you already have an extension,” Mr Butler said.
“E-tax is a quick and easy way to lodge your return, but you need to act fast as it will close on 31 May 2009.
“People will still be able to lodge until 30 June 2009 through their tax agent or by post.
“You may want to consider providing your bank account details on your return to get your payment sooner.”
The payments are being made automatically based on details from 2007-08 tax returns.
Call centres are open Monday to Friday 8.00am to 6.00pm to answer any tax bonus payment questions.
How to lodge
You can lodge through e-tax until 31 May 2009 which is available from www.ato.gov.au
To lodge by paper you will need a copy of TaxPack 2008 which can be downloaded from www.ato.gov.au or you can pick up a copy from Tax Office shopfronts.
More information
Detailed information about eligibility for the tax bonus payment and how to lodge is available from www.ato.gov.au or by calling 1300 686 636.
Media release 2009/37
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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