Avoid losing your Child Care Subsidy or Family Tax Benefits.
Make an appointment with Maynard Accounting to lodge your 2019-20 income tax return.
Services Australia needs your income to balance payments for Child Care Subsidy and Family Tax Benefit. If you have not lodged your 2019-20 income tax return and you receive either of these payments, you will need to have it prepared and lodged by 30th June 2021.
If you receive Child Care Subsidy, failure to lodge can result in losing ongoing entitlements or receive a debt from Services Australia and must repay the amount received in the 2019-20 financial year.
A similar result for failing to lodge can be applied if you receive Family Tax Benefits, these include missing out on extra payments, having payments stopped or receiving a debt from Services Australia, and must repay the amount received in the 2019-20 financial year.
If you did not receive any payments in the 2019-20 financial year you will still need to notify Services Australia that lodgment not required.