Get Ready for Tax Time: Prepare Early for a Smooth 2025 Return

ATO Deadlines Are Getting Stricter

The Australian Taxation Office (ATO) has become more stringent with lodgement and payment deadlines. Late lodgements may now attract penalties and interest charges, even for relatively short delays.

Importantly, late lodgements can also affect your lodgement program eligibility. If a return is lodged late, the ATO may bring forward your due date for the following year—meaning less time to prepare and lodge your next return. Staying on schedule now helps protect your flexibility in future tax years.

Below are some tips on staying organised, along with the measures our firm is taking to support all clients in meeting their lodgement obligations efficiently

Get Ready for a Smooth Tax Season

As we approach tax time, it’s a good idea to start preparing early to ensure your return is completed smoothly and accurately. Below are some key points to help you feel confident and ready when the time comes.

What to Expect This Year

To help streamline the process, your accountant will contact you when we are ready to begin preparing your return. This approach ensures we can manage lodgements in an orderly and timely manner. While we generally work within a familiar timeframe based on your past lodgement pattern, it’s flexible and can be adjusted as needed.

Start Gathering Your Tax Information

We recommend beginning to collect your relevant tax documents—such as income details, deductions, and supporting paperwork—so you’re ready when we reach out. Being prepared ahead of time helps avoid delays once we begin working on your return.

Timely Information = Efficient Service

Providing complete and accurate information when requested allows us to process your return efficiently. Delays or missing details often require additional work, which may increase costs. Preparing in advance helps us keep things running smoothly and cost-effectively.

Need to Change Your Timing?

We understand that things can change. If you know you’ll need your tax return done earlier (e.g., for a loan application or travel plans), or if you’d prefer a later timeframe, just let us know. We’re happy to adjust your schedule to suit your circumstances.

If you have any questions or would like to discuss your situation, please contact your accountant directly. Thank you for your continued support—we look forward to assisting you this tax season.