📅 May 2026⏱ 8 min read📋 Tax Return
Tax ReturnmyTax2025–26Lodgement

How to Lodge Your Australian Tax Return for 2025–26

The 2025–26 financial year ends 30 June 2026. Most Australians can lodge from late July 2025, with the deadline 31 October 2026 (or later with a tax agent). Here's the complete step-by-step process — and how to maximise your refund.

Key Dates for 2025–26 Tax Returns

DateMilestone
30 June 20262025–26 financial year ends
Late July 2026ATO opens myTax for lodgement; most employer data pre-filled
31 October 2026Lodgement deadline (individuals lodging directly)
15 May 2027Extended deadline if using a registered tax agent (apply before 31 Oct)
Wait for Pre-Fill

Don't rush to lodge immediately on 1 July. The ATO's pre-fill data — from employers, banks, private health insurers, and share registries — takes until late July to populate in myTax. Lodging too early means manually entering information that would otherwise auto-populate, increasing the risk of errors.

myTax vs Tax Agent — Which Should You Use?

FactormyTax (DIY)Tax Agent
CostFree$100–$400 (tax deductible)
Deadline31 October15 May (following year)
Best forSimple salary income, few deductionsBusiness income, investments, complex deductions
Refund speedUsually 2 weeks2–4 weeks
AccuracyDepends on your knowledgeHigher — catches missed deductions
Audit supportYou're on your ownAgent represents you

How to Lodge via myTax — Step by Step

  1. Log in to myGov (my.gov.au) and link to ATO if not already done
  2. Select "Prepare tax return" — choose 2025–26 year
  3. Review pre-filled information — income from employers, bank interest, dividends, private health insurance. Correct anything that looks wrong
  4. Add any income not pre-filled — rental income, capital gains, foreign income, cash earnings, side hustle income
  5. Enter your deductions — work expenses, home office hours, donations, tax agent fees, income protection premiums
  6. Complete Medicare Levy questions — private health status, dependants
  7. Review the estimate — myTax shows your estimated refund or liability before you submit
  8. Submit and note your lodgement receipt number

What the ATO Pre-Fills (Don't Enter These Twice)

Common Mistakes That Trigger ATO Scrutiny

After You Lodge — What Happens Next

The ATO processes most returns within 2 weeks. You'll receive a notice of assessment (NOA) showing the calculation and any refund or amount owing. Refunds are deposited directly to your bank account. If you owe tax, you have until the due date on your NOA to pay (usually within 21 days). If you disagree with an assessment, you have 60 days to object.

Estimate Your Tax Refund Before You Lodge

Our income tax calculator shows your estimated tax payable and refund — before you go through the full lodgement process.

Estimate My Tax → Check Salary Sacrifice →

Before You Lodge, Estimate Your Tax Position

Use the free calculators to estimate income tax, Medicare levy, HELP repayments, CGT and possible deductions before lodging.

Income Tax Calculator CGT Calculator GST Calculator
What if I missed the tax return deadline? +
Lodge as soon as possible — the ATO charges a failure-to-lodge (FTL) penalty of $275 per 28-day period you're late (up to a maximum of $1,375 for individuals). If you're owed a refund, there's usually no penalty for lodging late — but it's still good practice to lodge on time. If you have a history of late lodgements, the ATO may issue higher penalties. Engaging a tax agent gives you an automatic extension to 15 May.
Can I amend my tax return after lodging? +
Yes — you can amend a return within 2 years of the original assessment date for most individuals (4 years for small businesses). In myTax, select "Amend tax return" for the relevant year. You can add missed deductions, correct income figures, or update any information. The ATO will reassess and either refund additional tax or issue a new liability. If the amendment is in your favour, submit it — the ATO doesn't penalise you for correcting genuine errors.
This guide reflects ATO processes and deadlines for 2025–26. Always verify current dates and requirements at ato.gov.au. For complex returns, consult a registered tax agent.