When Are Taxes Due 2023 Australia

Tax Season 2023: Key Dates and Instructions for Australian Taxpayers

When is the Tax Return Deadline for 2023?

Australian taxpayers have until October 31, 2023, to lodge their tax returns for the 2022-2023 financial year. This deadline applies to both individuals and businesses.

Key Dates for Clients of Registered Tax Agents

If you are a client of a registered tax agent, you may have extended deadlines to lodge and pay your tax. These deadlines vary depending on the service provided by your agent:

• Standard business clients: October 31, 2023 (lodge); May 15, 2024 (pay)
• Simple business clients: February 28, 2024 (lodge); May 15, 2024 (pay)
• Individuals (employed only): May 15, 2024 (lodge and pay)

How to Pay a Tax Debt

If you owe tax, you can pay it online through the Australian Taxation Office (ATO) website using BPAY, credit card, or direct debit. You can also pay by phone or in person at an ATO office.

Instructions for Completing and Lodging Your Tax Return

To complete and lodge your tax return, you will need to gather all relevant information, including:

• Your Tax File Number (TFN)
• Income statements (e.g., PAYG summaries, dividends)
• Deductions and expenses
• Bank account details for refunds

You can lodge your tax return online through the ATO website using myTax, a registered tax agent, or a tax preparation software program.

Note: The information provided in this article is for general informational purposes only and should not be construed as professional tax advice. It is recommended to consult with a qualified tax professional for personalized guidance.