tax deadline Archives - Advice on Australian Tax Returns & Online Tax Advice on Australian Tax Returns & Online Tax

Tag: tax deadline

Posts Tagged ‘tax deadline’

Tax Deadline 2018 is 31 October!

tax deadline 2018

31 October 2018 is on its way.

Australian taxpayers are rushing to lodge their return by the deadline. You may be contemplating if you should hire a local tax accountant to advise you on your taxes since you’re worried if you won’t be able to do it yourself. In that case, be prepared for long waiting times and the possibility of hefty fees.

If you’re looking to lodge your return within the comfort of your own home, read on!

E-Lodge is here to make your experience easier.

Taxes can be a hassle to gather your documents, compute your taxes or even wait in line to be seen by a tax accountant; especially for tax deadline 2018. With E-Lodge, you just need to follow these easy steps to use our simple do-it-yourself online tax preparation site: Read the rest of this entry »

Use Our 2017-2018 Tax Calculator to Figure Your Refund!

income tax calculator 2018

Don’t let procrastinating hold you back.

Many Australian taxpayers are still lodging their tax returns, so don’t feel left behind. If you’ve been busy with work or overall hesitant about lodging, we’re here to make it easy for you.

Use our simple 2017-2018 Australian Tax Calculator to know what you’re getting at the end of the tax year.

 

Plug in your numbers and you’re good to go.

To use the E-Lodge Tax Calculator, all you need to do is follow these simple steps: Read the rest of this entry »

2017 Tax Season Deadline

The 2017 tax season deadline is approaching quickly.

While most have already filed their returns, the 2017 tax season deadline is 31 October 2017. The ATO provides you with due dates of your tax deadlines.

Oh, the stress that comes with the tax season!

The pressure to file your tax return causes most of us to feel overwhelmed. There are added headaches involved while trying to get anything done by the tax season deadline. Before you give up and let a local accountant take care of it, keep in mind that they can have high fees and long wait times. Avoid the stress and let E-lodge be your remedy! With E-lodge, you can lodge a tax return from the comfort of your own home. Our user-friendly website makes it easy, fast and affordable to lodge your 2017 taxes today!

 

Why choose E-lodge?

Read the rest of this entry »

How to Lodge a Tax Return after the Tax Deadline

Wake up and smell the coffee. You’ve missed a tax return deadline. 

It happens to the best of us! Remember the former prime minister, Paul Keating?

So now what? First, it may not be the smartest decision to keep putting it off. If you owe money to the ATO, you’ll want to lodge your late tax return before waiting for a personal invitation. That’s because once the ATO reaches out to you, your chance of being hit with a penalty fee increases.

 

How the late lodgement penalty works

If you lodge your tax return after the deadline, the penalty fees increase by $170 every 28 days. This accumulation begins 1 November. To put that into perspective for you, here is a breakdown of how quickly these fees add up:

 

# Days Past Deadline

Amount Owed in Penalty Fees *

1-28

$170
29-56

$340

57-84

$510

85-112

$680

113 and up

$850

Read the rest of this entry »

What If I Miss the Tax Deadline 2015?

31 October doesn’t only mark the day of scary costumes and lots of candy. It’s also the tax deadline 2015.

The tax deadline 2015 is 31 October. That means, your 2014-2015 tax return is considered late as of 1 November 2015.

It also means some tax services like etax will shut down.

Don’t worry. Even if you can’t make the deadline, you can still prepare your tax return online with E-Lodge.

You may face a ‘failure to lodge on time’ penalty

Not lodging your tax return on time means the ATO could apply a failure to lodge on time penalty.

However, just because you’re lodging late doesn’t necessarily mean you’ll face the ATO penalty. You’ll only face the failure to lodge on time penalty if you fall within one of the three following categories;

  1. you have more than one tax return outstanding
  2. you have a poor lodgement history
  3. you have not complied with a request from the ATO to lodge

In other words, if you’ve avoided lodging past tax returns, you won’t have much of a leg to stand on.  Read the rest of this entry »

It’s Not Too Late to Lodge a 2014 Tax Return

End of 2014 Tax Season is 31 October- Don’t wait until the last day to lodge your tax return!

Good news- you haven’t missed the Australian tax return deadline 2014 and can still lodge your tax return on time! The tax return due date 2014 is October 31.

Don’t wait until the last minute. Instead, get it out of the way prepare your 2014 tax return sooner rather than later. With E-Lodge, it’s easy.

E-Lodge not only allows you to prepare your current year tax return, but your prior year tax returns as well. In other words, if you’re late lodging a tax return you can get caught up with E-Lodge!

Don’t Wait or You’ll Face Late Penalties from the ATO

Don’t put off completing your 2014 tax return. If you owe the ATO money or if you’re being forced to lodge a tax return, you’ll be charged a late lodgement penalty. Read the rest of this entry »

Australian Tax Year Dates

Australia’s financial year runs astray from your run-of-the-mill calendar.

The time period covered by Australia’s tax returns does not correspond to a regular calendar year. Instead, the tax year begins in July and ends in June of the following year. Of course, that’s not to be confused with the tax season which will take you on a 4-month stretch from July to October.

Don’t wait until the October deadline to lodge your tax return! Instead, it’s best to get it out of the way as soon as possible.

When does the financial year start and end?

The Australian tax year (aka financial year) begins smack-dab in the middle of your calendar year on 1 July and ends 30 June of the following year. That means that all of your financial successes and mishaps that occur during that time will be reflected on your tax return for that year.

That brings us to the tax season. This begins on 1 July and ends on 31 October each and every year. You have these four months to lodge your current year tax return on time without having to worry about any ATO penalties.

What if I lodge after the deadline date?

If you fail to lodge your return by the end of tax season on 31 October, you may have to pay a penalty. Read the rest of this entry »

Tax Return Due Date 2015 Is 31 October

Make sure to lodge by the 31 October Tax Return Due Date

Each year, the ATO deadline for lodging on time is 31 October.

If you haven’t lodged yet, you should start the process now. Don’t procrastinate any longer.  Why? E-Lodge makes lodging easy. There’s no excuse to wait any longer.

Keep in mind, the 2015 tax return is for the financial year running from July 2014 through 30 June 2015. That means, any income you received during this time period, you’ll report on your 2015 tax return.

Not sure what you’ll need to lodge? Check out our Tax Preparation Checklist.

Read the rest of this entry »

What is the 2015 Tax Return Due Date?

Lodge your 2015 Tax Return by 31 October!

Individuals must lodge their tax return by the official ATO tax return due date- 31 October.

Every year the tax season begins on 1 July and runs through 31 October. During this time you must lodge a return for all the income you received during the immediately preceding financial year. The financial year runs from 1 July to 30 June of the following year.

 

The tax season runs from 1 July – 31 October 2015. That means if you haven’t yet lodged a 2015 tax return, you shouldn’t wait any longer!

Unsure of who you can trust to lodge your taxes with? E-Lodge is a credible and safe online tax lodgement service, created to help you easily lodge your taxes online.

What happens if you lodge after the 31 October deadline?

If you’re late lodging your return you may have to pay penalties and interest to the ATO. Read the rest of this entry »

31 October is the 2011 Tax Return Deadline in Australia

Don’t forget, the deadline when tax returns must be lodged with the Australian Taxation Office is 31 October 2011.

You can lodge after the deadline with a registered tax agent, but you have to remember to register as a client with that tax agent before 31 October in order to lodge after the deadline. Make sure to contact your agent before 31 October to qualify for their later lodgement date.

Another useful tip to remember is that your tax return covers the financial year, NOT the calendar year. The financial year runs from 1 July to 30 June of the following year, and then you have from 1 July to 31 October to lodge your return. So by this upcoming deadline, 31 October 2011, you need to lodge your tax return 2011, which covers the financial year 1 July 2010 – 30 June 2011. Also useful to note is that you can lodge your tax returns before the end of the year, but only if you definitely know your income and are leaving Australia permanently.

In this era of globalization, lodging taxes has become even more complicated, so it’s useful to note who has to report what. For all of you Australian residents with a global business reach, when tax returns are lodged you are required to report your worldwide income to the ATO. And if you are a foreign resident, you only need to lodge a tax return if you have income taxable in Australia. This does not include income from which non-resident withholding tax has been deducted.

If you find that you can’t lodge by 31 October or the lodgement date of your tax agent, don’t panic. Phone the Australian Taxation Office right away at 13 28 61 to see if you can arrange to lodge at a later date. Try to avoid lodging an incomplete tax return, as your tax return is only considered lodged on the date that the ATO gets your completed form. When tax returns are sent in incomplete, the ATO very well may send it back to you to complete, and then it will only be considered lodged when they receive the newly completed form. So don’t rush to turn in an incomplete form before the deadline. Read the rest of this entry »