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29-07-2014 05:58 PM - edited 29-07-2014 06:00 PM
All the interest/dividend info I need to enter shows up in pre-fill. I know what should be included, if something was not showing in there.
Do banks and other financial institutions have to report interest/dividends paid by law to the ATO?
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on 29-07-2014 06:06 PM
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on 31-07-2014 12:30 PM
If she has earned anything at all, even if it was non taxable she should lodge a return.
no, not necessarily, she 'should not if she earned under $18,200 and paid no tax - in which case she would need to lodge a 'return not required' notice or send a letter stating this
she should if she earned under that and paid 'some' tax - may aswell get it back
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31-07-2014 01:33 PM - edited 31-07-2014 01:35 PM
@lyndal1838 wrote:If she has earned anything at all, even if it was non taxable she should lodge a return.
Why?, as fiesta commented. That would be a total waste of the taxpayers time and the ATO's - if the person only has earnings from a job and never had any PAYG withheld from their pay. You can't get a tax refund in that case if you never paid any to start with.
The person in question was a young single person (no children, education supplements, FTB etc).
" my DD got a job late last financial year so she did not pay tax and earned bugger all"