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Initiatives to complement self-assessment

Last updated 7 April 2020

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

  • if you take reasonable care with your tax affairs, you will not receive a penalty for honest mistakes - but please note that an interest charge on omitted income or over-claimed deductions and tax offsets could still be payable
  • the process for applying for private rulings
  • your entitlement to interest on early payment or over-payment of a tax debt
  • the process for applying for an amendment if you find you have left something out of your tax return.