Pre-Filling Data for Your Tax Return
Pre-filling data saves time and reduces errors when completing your tax return. The ATO collects information from sources like employers, banks, and government agencies, then makes it available for you to review.
Types of Pre-Filled Data
- Income from employers (via Single Touch Payroll).
- Interest earned from bank accounts
- Dividend payments and managed fund distributions.
- Private health insurance details
- Government payments, such as Centrelink benefits.
Benefits of Pre-Filling
- Saves time by reducing the need for manual data entry.
- Minimises errors by using verified information from third parties.
- Ensures compliance with ATO requirements.
While pre-filled data is a helpful starting point, it’s essential to review it carefully for accuracy. Some information, like work-related deductions, will not be included and must be added manually.
You can access your pre-filled data by logging into your myGov account linked to the ATO.
FAQs
Q: When is pre-filled data available?
A: Pre-filled data is usually available from late July each year. However, some information may take longer to be reported by third parties.
Q: What if my pre-filled data is incorrect?
A: If you notice errors in your pre-filled data, contact the relevant organisation (e.g., your employer or bank) to correct the information before lodging your tax return.