Myth
I am over 60 and on a pension so I don’t have to lodge a tax return.
I am over 60 and on a pension so I don’t have to lodge a tax return.
Fact
People getting a pension from taxed funds – which is most funds – and who have no other source of income will not need to lodge a tax return.
People getting a pension from taxed funds – which is most funds – and who have no other source of income will not need to lodge a tax return.
However, people with pensions from an untaxed fund, or who have income from other sources will still need to lodge a tax return.
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