The global economy has slowed in recent weeks. The International Monetary Fund (IMF) in its…
If you have not lodged your 2021 Individual Tax Return by 30 June 2022, Services Australia may stop your access to your allocated Child Care Subsidy (CCS). This will mean that you will have to pay the full cost of childcare. To receive the correct Family Tax Benefit (FTB) amount you must also ensure that you lodge your tax return by 30 June 2022.
Applying for a lodgment deferral with the Australian Taxation Office will not prevent Services Australia from stopping your access to CCS or the FTB. If you are unable to complete your tax return before the deadline then Services Australia are able to assist with special circumstances, you can call them on 13 61 50 to discuss your situation.
If you are not required to lodge a tax return for the 2020-2021 year please inform our offices on (03)9848 5933 or contact us prior to the 30 June 2022, you must also advise Services Australia directly.