How do I lodge a tax return?
You’ll need to lodge a tax return at the end of every financial year. You can link the ATO with your MyGov account and lodge a tax return online through MyGov. You can either lodge a tax return yourself or engage an accountant to do so on your behalf. A tax return is a way for the government to add up your income for the year so they can check how much tax you've paid. Your income statements are automatically sent to ATO and visible on the ATO link within MyGov. Basically, if you paid more than you need during the year, you'll get some money back. If you paid less, you'll need to pay a little extra. You’ll be glad to know that most people get some money back. Just be sure to lodge your tax return before 31 October so you don’t miss out.