The tax-free threshold for this year is $18,200. This means that if your total income is less than the threshold, you do not have to pay any income tax to the Australian Taxation Office (ATO) this year.
Do I need to lodge tax return? If your income is under $18,200
Yes, you are still required to lodge a tax return even if your income is under the threshold.
If your employer had withheld tax, you would be able to claim the full amount of withheld tax as a refund. However, even if you did not have any tax withheld (and no refund), you are still legally required to lodge a Tax Return. This is known as a Return not Necessary (RNN).
How much do we charge for a RNN?
From 2017 to 2020 RNN, the service fee is totally FREE!
(if your RNN is for a year earlier than 2017, you will need to contact us by calling 1300 707 117 or email at firstname.lastname@example.org for further information)
How to lodge the RNN?
- Log In:
Create your account with us or log back in.
- Tax Return:
Select the year that you want to complete your tax return
- First Page:
Enter your personal details (the system will prefill your private health insurance details for you)
- Second Page:
Our system will prefill your reported income into the income page for you. All you have to do is to double check if there is anything missing or that shouldn’t be there.
- Third Page:
Skip it, since you don’t have any income or your income is under the threshold this year.
- Fourth Page:
The system will calculate an estimated refund/payable for you to review. Fortunately, the system will then tell you that you don’t have tax this year. You can then lodge an RNN to the ATO.
If you need any further information please feel free to contact us at email@example.com