Key points
- A tax return brings together income, deductions and tax withheld.
- A refund is not guaranteed; it depends on the final tax calculation.
- Keep Income Statements, receipts and bank details ready.
What a tax return includes
A tax return may include salary and wages, business income, interest, deductions and tax offsets. For employees, Income Statements are usually a key starting point.
Refunds and tax payable
Your outcome depends on the tax already withheld, your taxable income, deductions and other tax items. The result may be a refund, no refund or tax payable.
What to prepare
Prepare your TFN details, Income Statements, bank details, receipts and any ABN income records before applying.
Summary
The easiest way to start is to organise income documents and records before lodging.
This guide is general information only. Your tax position can differ depending on income type, residency, visa status, records and personal circumstances. Check official ATO guidance or seek individual support before lodging.