If taxpayer taxable income is under the tax-free threshold they may still need to lodge an income tax return. Common reasons for this include:
they were entitled to the private health insurance rebate but did not claim their full entitlement as a premium reduction
they had a reportable fringe benefits amount on their PAYG payment summary
they had reportable employer superannuation contributions on their PAYG payment summary
they made a loss or can claim a loss made in a previous year
they had tax withheld from any income they received in 2013-14
they were an Australian resident for tax purposes and had exempt foreign employment income and $1 or more of other income.
Welcome to Dial Tax CPA's
The tax practice industry is moving more on compliance to business requirements of
Australian Tax Office. Our business is now concentrating on providing personalised
service to business clients with the end of view of satisfying TOTAL needs of our clients.
Do you want to anticipate your tax liability before year end?