Low income earners may need to lodge

Low income earners may need to lodge

From the ATO

Date last changed 28 May 2020

If your client’s taxable income is under the tax-free threshold, they may still need to lodge a tax return. Common reasons for this include if they either:

  • had pay as you go (PAYG) withheld from payments received during the year
  • had a reportable fringe benefits amount on their income statement or PAYG payment summary
  • had reportable employer superannuation contributions on their income statement or PAYG payment summary
  • made a loss or can claim a loss made in a previous year
  • were an Australian resident for tax purposes and had exempt foreign employment income and $1 or more of other income
  • were entitled to the private health insurance rebate but did not claim their correct entitlement as a premium reduction
  • were a liable or recipient parent under a child support assessment, unless both of the following applied
    • they received one or more Australian Government allowances, pensions or payments (listed on the Individual tax return instructions 2020 at question 5 or question 6) for the whole year
    • their income was less than $25,575.

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