Tax time made simple with pre-filled data

The Australian Taxation Office reminds taxpayers that tax lodgement can be straightforward, with approximately 100 million pieces of data already pre-populated in MyATO from employers, banks, insurers and government agencies. Australians are expecting an average tax return of $1,200 this year, but the ATO warns against relying on social media or AI chatbot advice for tax matters, and reminds people to declare income from side hustles and online trading. Common mistakes include failing to report profits from buying and selling items online, which can delay refunds.See omnystudio.com/listener for privacy information.