The 2011 Tax Deadline: The 2011 Individual Tax Return Deadline is October 31st.

Have you lodged your 2011 tax return? Did you know that if you haven’t lodged your return prior to the October 31st, 2011 tax deadline you could face financial penalties from the ATO?

Our table below which highlights the typical fines that the ATO can impose for individuals lodging after the tax deadline:

Days Past Deadline	Late Lodgement Penalty	General Interest Charge
1 - 28 days	$110	Interest will be charged on any amount of tax owed to the ATO from October 31 at a rate of 11.86% per annum
29 - 56 days	$220
57 - 84 days	$330
85 - 112 days	$440
113+ days	$550

Extensions

Depending on your tax history, it may be possible to gain an extension from the ATO for your tax return. The length of extension will generally vary from person to person and to be eligible you must have registered with a tax agent, like Etax Accountants prior to the 2011 tax deadline.

Please contact us and our accountants can discuss your options with you. However, please note that regardless of your tax history, to qualify for an extension you must have registered your details (including Tax File Number) with a tax agent before the October 31st individual tax return deadline.

Competitions

Lodge your 2011 return before the tax deadline and you’ll automatically have two chances to win in our Tax Time Promotions. Firstly, you’ll be entered into our October Win an iPad2 draw for a brand new 3G iPad2. And, you also go into running in our Double Your Refund draw where the winner will have their ATO Refund doubled by us (up to $4,999). Not bad hey? But be quick, to enter you must have lodged your 2011 tax return before the tax deadline – 11:59pm, 31st October, 2011.

October 31st is the Tax Return Deadline