June 11, 2021 | Warren Kruger | No Comments | Personal Tax Return Tips
The ATO has reminded individuals receiving Child Care Subsidy and Family Tax Benefit payments from Services Australia that they and their partners must lodge their 2019/20 Individual tax returns by 30 June 2021. Lodgement deferrals with the ATO do not alter this requirement.
Services Australia needs such individuals’ income details to balance payments for Child Care Subsidy and Family Tax Benefit.
If tax return lodgement is not made by 30 June 2021:
- clients receiving Child Care Subsidy may lose their ongoing entitlement and/or receive a debt from Services Australia and have to repay the amount received in the 2019/20 financial year; and
- clients receiving Family Tax Benefit may miss out on additional payments, may also receive a debt from Services Australia and/or may have their fortnightly payments stopped.