We will also issue a NOA to eligible individuals.
If your lodgment has not processed within these timeframes, check our advice on why there may be a delay in processing your tax return.įrom the 2019–20 income year onwards, we will automatically issue some refunds of franking credits for eligible individuals.
through a tax agent, we aim for processing within 2 weeks. by paper, we aim for processing within 50 business days (10 weeks) from the date we receive the lodgment (paper lodgments may take up to 7 weeks to show on our systems). online using myTax, we aim for processing within 2 weeks. The processing timeframes we aim for depend on the lodgment method you use. We send your NOA to you after we process your tax return or franking credits lodgment. This review period is normally 2 years, but in certain circumstances it can be 4 years. During this time, we may increase or decrease the amount of tax payable or refundable on your initial NOA. Under the law, we have a period of time to review your tax return. In this circumstance your payment advice and due date are included on the statement of account. In some cases, we also issue a statement of account with your NOA. Your NOA will include your payment advice and due date. If you have a tax debt, check our advice on why you may receive a tax bill. Your tax receipt will show how your taxes have been allocated to key categories of government expenditure. If you have a myGov account and link it to the ATO, your NOA and tax receipt are sent to your myGov Inbox. When you receive your notice of assessment, you should check everything is correct. any excess private health reduction or refund (if applicable). 
credit you have for tax already paid during the income year.Your notice of assessment (NOA) is the statement we issue that explains how your tax assessment is calculated. If you think your notice of assessment is wrong.Get a copy of your notice of assessment.Why your tax return outcome may change in 2023.Your notice of assessment is the statement we issue when your tax return or franking credits lodgment is processed.
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