Just think of all the $4 or other little amounts the ATO get to keep from others who don't bother. Add up to a fair bit. I wouldn't bother for $4 either.

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?

Maybe I could suggest they keep it and use it in a hospital or school somewhere 😉

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

 


@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"