Tips to speed up tax refunds


Many problems can occur when processing activity statements and tax returns which can lead to a delay in the ATO issuing refunds.

However, these problems are often caused by small issues and can be easily avoided. Here is a list of tips to help minimise some of the issues that can prevent a speedy tax refund:

  • Keep personal details, such as postal address, bank details and authorised contacts updated

  • Lodge all outstanding activity statements as the ATO are unable to process the refund until they know the extent of the credit

  • Keep good records and hold onto receipts

  • Keep the statement clean. Do not write notes outside the space provided, do not use symbols and show whole dollar amounts only

  • Do not double up by lodging both online and in person

  • Refer to a specialist if the process is complex