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Lodging your 2007 income tax return - frequently asked questions
When do I have to lodge my tax return?
If you prepare and lodge your own tax return, the lodgment deadline is Wednesday 31 October 2007.
If you lodge through a registered tax agent, they have their own lodgment deadlines.
However, if you are using a tax agent for the first time, or you are going to use a different tax agent this year, you must contact them by Wednesday 31 October 2007.
What penalties will I be charged if I don’t lodge my tax return on time?
Penalties are imposed on a case–by-case basis and depend on your lodgment history, amount of tax payable and when your tax return is lodged. You cannot be advised if a penalty will be applied, or the amount before you lodge your tax return.
However, our policy is not to apply a penalty if your tax return:
* is lodged voluntarily, and
* does not result in any tax payable.
General interest charge may be applied to money owing from the time it became due for payment. |
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