16/09/2026
If you are the type to lodge your return the second EOFY hits, this is worth knowing for 2027. CPA Australia is urging Australians not to rush their returns, for two big reasons:
Amendment risk: Taxpayers who lodge before the ATO's pre-filled income data is finalised are more than twice as likely to need amendments later. Last year alone, over 595,000 returns had to be adjusted for missing income or overstated deductions.
Scam risk: Tax time is peak season for scammers impersonating the ATO via calls, texts and emails. In May this year alone, the ATO received nearly 1,400 reports of impersonation scams, up 11% on the previous month.
The takeaway for next year? Wait for your pre-fill data to be complete, use a registered tax agent, and never click a link or share info from an unexpected "ATO" message without verifying it through official channels first.
Save this one for July 2027.
*General advice only. Please consult a qualified professional for advice specific to your situation.