Thread: Tax Return Rejected

I bet my last fuse in my Disco that they wouldn't reject it if you owed them.

The debt of course will still be owed - you do not get off that easily.

I would do nothing and wait an see if they come and chase you (and they may not). If they do, you can use your submitted tax return as evidence that you were not trying to avoid paying tax and escape any additional fines etc. So all you would pay is the original amount of tax.

You loose nothing in the worst case and gain a lot in the best - now how much will you pay for me to keep quiet ?

Many years ago I failed to lodge a Tax Return or two. When I lodged one the following year they paid the money they had owed me from previous years with interest!

Originally Posted by big guy

I bet my last fuse in my Disco that they wouldn't reject it if you owed them.

But that is exactly what he is saying. He owes them about $2000.

Lucky, many years ago they held a sizable sum of mine for a lot of years, super fund dispute, finally after a court ruling in my favour repaid it without interest.

I'm no tax accountant, but I thought income from superannuation (ie. allocated pension) was not taxable income. This might explain why they don't care about it.

It wasn't an allocated pension.

Originally Posted by big guy

I bet my last fuse in my Disco that they wouldn't reject it if you owed them.

Better start signing it over then mate !