Managing Your Money - Taxation

Don't forget to keep an eye on your taxation responsibilities, as it is easy to forget about tax if you're not careful. If required, you must lodge a tax return by October 31 st, and can start as soon as you receive your group certificates from your employer.

You will need to lodge a tax return if:

• You have earned more than $6000 (the current tax-free threshold) in the last financial year.
• Your taxable income was less than $6000 but you paid tax. You will need to lodge a return in order to obtain a refund.
• Your taxable income was less than $6000 and you are a non-resident of Australia.

Students receiving government assistance as their only source of income may not need to lodge a return.

Visit your campus Student Financial Aid office or www.ato.gov.au for further assistance.