7 News ·australia ·2 hours ago

Australian tax deadline November 2 brings $364 penalties for late filers

Australian self-lodgers have until November 2 to submit 2025-2026 tax returns, with late filers facing penalties starting at $364. The deadline shifted from October 31 due to weekend scheduling. Common mistakes include overlooking deductions like home office expenses and claiming costs without proper records, while others incorrectly rely entirely on pre-filled myTax information.

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Published 18 Oct 2026, 12:06 UTC · Updated 18 Oct 2026, 12:10 UTC

Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections