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Why going slower at tax time might boost your refund

Tom McIlroy
Tom McIlroyCanberra Bureau Chief

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Australians racing to file their tax returns from July 1 risk having their refund delayed or being required to resubmit some key information.

Ahead of Thursday’s end of financial year, Australian Taxation Office Assistant Commissioner Tim Loh said mistakes were more common among taxpayers who file in early July. Some pre-fill data on wages, health insurance, and interest earned from banks can take weeks to be registered.

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Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/wealth/tax/why-going-slower-at-tax-time-might-boost-your-refund-20220630-p5axx6