Do I need to Lodge a Tax Return?

Typically you will need to lodge a tax return if:

• you have paid income tax during the financial year
• your taxable income is above the tax-free threshold of $6,000 and you did not receive Centrelink payment,
• you received a Centrelink payment, had other income, and your taxable income was above the threshold amount listed in TaxPack.

Other reasons you need to lodge a tax return include such things as:

• you are the liable prent under a child support assesment,
• You have a reportable fringe benefits amount,
• you are entitled to the private health insurance offset,
• you carried on a business,
• you made aloss or claim claim a loss you made in a previous year

... along with a host of other reasons.

If you are unsure, it is worth getting in touch with your accountant or tax agent to clarify your obligation. Did you know the ATO now have an online tax tool to help you determine if you need to lodge?

If you are not required to lodge a return this year, you should submit a non-lodgement advice to the ATO (this is included in TaxPack 2007). If you are registered under a tax agent, they will inform the Tax Office for you.