Editorial note: Forbes Advisor Australia may earn revenue from this story in the manner disclosed here. Read our advice disclaimer here. Lodging your tax return every year is essential—and it is ...

The fine will increase by another $313 for each 28-day period the return is not lodged until it reaches the maximum of $1565. Australians will have to lodge their tax return by October 31 to avoid ...

Gift 5 articles to anyone you choose each month when you subscribe. Tax season is just a few weeks away, and while the average taxpayer can expect a smaller tax return this financial year, experts ...

This piece has been expert reviewed and fact checked by Forbes Advisor Australia Board Member ... you will be required to declare in your tax return. The Moneysmart tax calculator is also more ...

Based on your tax return, the form which tracks your income tax against deductions you can claim, the Australian Tax Office (ATO) will determine any amount of refund you are entitled to or debt ...