• Do you need to lodge a tax return?

    Most people need to lodge a tax return if their taxable income for the year is more than $18,200.

    If you need to lodge a tax return, your BSWAT lump sum must NOT be included as salary and wages. The amount needs to be reported separately at another label (see Including BSWAT on your tax return).

    Example

    In March 2017, Esther received a lump sum of $8,800 under the BSWAT Payment Scheme. The payment was for her supported employment for the financial years 2007–08 to 2013–14.

    Esther also received the following income during 2016–17:

    • $14,000 wages from her employer
    • a part disability pension of $10,097 from Centrelink (this is tax exempt).

    Esther's taxable income for 2016–17 is $22,800 ($8,800 + $14,000).

    Because her taxable income is greater than the current tax-free threshold of $18,200, Esther will need to lodge a tax return for 2016–17.

    End of example

    To work out if you need to lodge a tax return, you can:

    When you phone us, tell the operator you need to speak to someone about your BSWAT payment.

    If you need to lodge a tax return, you must lodge it on time.

    If you don't need to lodge a tax return, you must fill in and post a Non-lodgment advice. The Individual tax return instructions (NAT2586) has a paper Non-lodgment advice (see page 7).

    See also:

    Next step:

      Last modified: 19 Apr 2017QC 46588