The Australian Tax Office sent out text messages on Tuesday reminding people that it could be cross-checking all lodged information with outside sources.
It also said tax returns would be pre-filled with information received from various sources, including employers and banks, in order to make completion easier.
Messages sent out via SMS to taxpayers said: “Tax time starts soon. We make it easier by pre-filling your tax return with information from employers, banks, health funds and government agencies. We’ll send a message to your myGov Inbox when your pre-fill information is ready. If you are lodging your own return you have until 31 October to lodge.’
The ATO has already in the past automatically cross-checked information lodged with other agencies.
READ MORE: Greek taxpayers with assets abroad ‘scrutinised’ by the Greek government
The ATO web site states that prefilled tax returns will be available from late July.
Those who abuse the system will face fines, which could be around $12,000 for those who wrongly dipped into their superannuation funds during the global pandemic.
Citizens and permanent residents financially impacted by coronavirus were able to access $10,000 of their super until 30 June and an additional $10,000 from 1 July provided the met strict criteria.
