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ATO holds millions in unclaimed refunds after 200k skipped lodgment

About 200,000 taxpayers who failed to do their taxes last year would “likely” have received a refund, according to the ATO, as part of a campaign to push for on-time income tax lodgment.

ATO holds millions in unclaimed refunds after 200k skipped lodgment
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ATO holds millions in unclaimed refunds after 200k skipped lodgment

With the deadline of 31 October for self-preparers edging closer, the ATO is looking to drive lodgment compliance, with about 7 million completed returns lodged so far this tax time.

Read the full article at Accountants Daily.

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