CPA Australia has advised individuals not to rush their 2026 tax returns, warning that hasty submissions can increase the likelihood of errors and exposure to scams.
CPA Australia Tax lead Jenny Wong acknowledged the strong desire among many Australians to file early but stressed that speed should not come at the expense of accuracy.
Wong said: "Getting your tax return done early can be tempting, but it is important not to rush.
"Waiting until all your income information has been finalised and pre-filled by the ATO [Australian Taxation Office] will help ensure accuracy and reduce the risk of errors that can trigger reviews or delays."
She referenced recent ATO figures indicating a shift in taxpayer behaviour, with fewer people lodging returns in the opening weeks of the tax season.
CPA Australia Tax lead Jenny Wong acknowledged the strong desire among many Australians to file early but stressed that speed should not come at the expense of accuracy.
Wong said: "Getting your tax return done early can be tempting, but it is important not to rush.
"Waiting until all your income information has been finalised and pre-filled by the ATO [Australian Taxation Office] will help ensure accuracy and reduce the risk of errors that can trigger reviews or delays."
She referenced recent ATO figures indicating a shift in taxpayer behaviour, with fewer people lodging returns in the opening weeks of the tax season.
3 months ago
