Delayed Tax Return - Cross Checks
July 24, 2023
Does the ATO cross check my Income?
The ATO cross-checks with third parties (e.g. Centrelink and Child Support) to ensure the information provided on your tax return or to the third parties is true and correct. If the ATO notice any discrepancies with your return they may contact you to confirm, this may result in a delay while processing your tax return.
Another thing to be aware of with Government third parties is that if you have underestimated your income or not declared all of your income throughout the financial year, they may take any tax refund directly from your tax account to apply against a third-party Government debt, this is called an offset.
It’s best to ensure that the information you provide to Government agencies throughout the financial year and on your Gotax Online etax return is true and correct prior to lodgement.
Getting it right the first time will mean avoiding delays, penalties, interest, and repayments later on.
For more reasons why your tax return may be delayed, click the links below:
Delayed Tax Returns - Client Records
Delayed Tax Returns - Dodgy Deductions
Delayed Tax Returns - Stolen TFN
Delayed Tax Returns - Outstanding Debts
Note that the information provided is general in nature and subject to change, please contact one of our professionals who can evaluate your circumstances and provide more accurate advice to your current situation.
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