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 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.
Last modified: 01 Oct 2006QC 27597