$313 Fine for Late Tax Returns.
Australians must lodge their Tax returns by 31 October 2023, or face a $313 fine if not done by that due date.
Those that are using a Tax Agent, and have been registered as such with the Tax Office, do NOT have that 31 October deadline.
Your tax return covers the income year from 1 July to 30 June. If you need to complete a tax return you must lodge it or engage with a tax agent, by 31 October.
If you lodge your own tax return and it results in a tax bill, payment is due by 21 November even if you lodge
after the 31 October.
Interest will apply to any amount you owe after 21 November.