Tax Office Says 75% Of Refunds Issued Within 14 Days

Last time we checked in with the Tax Office, it had processed 3.2 million returns. Roughly a week later, the number is up to 3.8 million — and for the first time this year, the Australian Taxation Office is offering a percentage figure on how many it has dealt with.

According to the ATO, 75% of electronic returns have been issued within 14 days, and 99% within 30 days. The service standard the ATO aims for is 94%, which means right now it is falling a little behind (although it could theoretically still reach that figure by the end of the main tax processing period).

We know from the comments left here that some people have experienced major delays in getting refunds. The ATO doesn't have much comfort to offer on that front:

As is the case each year, there are always returns that take longer than others.

One interesting pointer in the post: 6000 people have seen returns delayed because they failed to provide correct bank account details.

ATO


Comments

    Just got mine today 8 working days all up

    Got my tax bill in 1 week. Still waiting for my wife's refund after 3 weeks. Typical.

    Still haven't got mine, been almost a month. GG electronic submission being faster.

Join the discussion!

Trending Stories Right Now