Late Tax Return: How To Do Your Overdue Tax Returns

If you have a late tax return, the sooner you do it, the better! The ATO is very clear about this: You must lodge a tax return for every year that you received any income.

If you missed one year’s tax return, the ATO will never forget about it. The ATO often applies costly late fines and interest charges that grow and grow over time.

Un-lodged late tax returns = the ATO takes even more of your money. Australia Wide Tax Solutions can help you put a stop to that.

Our accountants can fetch tax records directly from the ATO and help complete your tax return. This can include your PAYG summary plus income from bank interest and government agencies like Centrelink.

If your income is below the tax free threshold or you had no income, you are still required to notify the ATO. Instead of lodging a late tax return, you’ll need to submit an ATO “Non-Lodgement Advice”. This lets the ATO know that you were not required to lodge a tax return that year.

If you are unsure, we can check your records with the ATO and confirm whether you need to lodge a late tax return or a Non-Lodgement Advice and we’ll help you get it done in no time.