Tax return deadline looms as Aussies face $313 fine for missing due date

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The countdown is on for Australians to lodge their tax returns before the cut-off, or cop a “stiff fine” worth hundreds of dollars. More than 7.9 million people have already filed their returns — about 400,000 thousand less than this time last year, according to the Australian Tax Office.

Why so many people are disappointed with their tax return and what you can do about it. There’s still time for any taxpayers who have forgotten, with the official deadline on October 31. Come November 1, anyone who has not lodged their tax return themselves or registered with a tax agent will be slugged with a $313 fine.

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