The 15-Minute Checklist Before You Lodge Your Tax Return Online

Online tax returns are convenient, fast, and often more affordable than visiting a tax office. But speed should never mean skipping important steps. To help you lodge with confidence, here’s a simple 15-minute checklist to ensure your return is accurate, complete, and optimised for deductions.

1. Gather Your Income Statements

Download all your PAYG income statements from your employer(s) via myGov or request them directly if needed.

2. Collect Bank Interest Statements

Ensure you include all interest earned, even from low-balance or rarely used accounts.

3. Review Your Investment Income

Have records for dividends, rental income, capital gains, and managed fund distributions ready.

4. Confirm All Work-Related Deductions

• Work-from-home expenses (keep logbooks or records)
• Vehicle expenses for business use
• Tools, equipment, or uniforms

5. Check Your Superannuation Contributions

Record any personal deductible contributions you’ve made during the year.

6. Include Insurance Premiums

If you have income protection insurance outside of super, the premiums are often deductible.

7. List Charitable Donations

Only donations over $2 to registered charities are deductible—keep the receipts.

8. Confirm Your Private Health Cover

This can affect your Medicare levy surcharge and potential rebates.

9. Update Personal Information

Make sure your address, bank details, and contact information are correct before lodging.

10. Double-Check Carry-Forward Losses

Include any capital or business losses from prior years if applicable.

11. Ensure You Have Proof for All Claims

The ATO can request evidence at any time—store receipts digitally for easy access.

12. Cross-Check Pre-Filled Data

myGov often pre-fills data, but errors can occur. Always verify with your own records.

13. Declare Any Foreign Income

Australia taxes residents on worldwide income, so include overseas earnings.

14. Set Aside Time for Review

Never lodge in a rush—review all figures and claims at least once before submitting.

15. Lodge Early to Avoid Delays

Lodging early helps you avoid last-minute stress and gives time to resolve any ATO queries.

FAQs