More than one million Australians have already lodged their tax returns using e-tax, the Australian Taxation Office’s (ATO) online lodgment system, it emerged this week.
The one million milestone for lodgments has been reached around 10 days earlier than last year, representing an 18% increase, the ATO revealed.
Tax Commissioner Michael D’Ascenzo observed that e-tax has fast become the most popular way for people to lodge their own tax returns with 1,024,769 people lodging via e-tax so far. He confirmed that:
“In 2007 more than 1.9 million people lodged using e-tax and we expect to exceed that figure this year."
“The increase in the number of people using e-tax each year tells us people find it a useful and convenient way to lodge their tax returns."
E-tax is even easier to use this year, according to the ATO, with more information available to download directly into an individual's tax return, including payment summaries, government payments such as pensions and allowances, bank interest and medical expense details.
“Even though you can download a lot of your personal information directly into your return you should carefully check your return before submitting it to ensure you’ve included all income and claimed all deductions and rebates you’re entitled to,” Mr D’Ascenzo cautioned.
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