Initiatives to complement self-assessment



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

There are a number of initiatives administered by the ATO which complement self-assessment. Examples include:

  • a change in penalty provisions so that if you take reasonable care with your tax affairs, you will not receive a penalty for honest mistakes-but please note that a general interest charge on omitted income or overclaimed deductions and tax offsets could still be payable
  • private rulings
  • your entitlement to interest on early payment or overpayment of a tax debt
  • the process of applying for an amendment if you find you left something out of your tax return.
Last modified: 18 Jul 2008QC 16578