Doing your own tax return is sometimes something that makes it easier and costs you less money than doing it through an agent or an accountant. It can actually sometimes be simpler to do it by collecting all of the information yourself and collating it using the etax system and submitting it using the etax guide. However, thee are some risks associated with this as well. If a mistake is made, a professional adviser should have indemnity insurance so that they could afford to pay you if you sued them for the damages which resulted from them making an error on your tax return or advising you incorrectly. If you fill out the tax return yourself, you cannot avail yourself of this protection. You will need to engage with the ATO directly to find a solution to a problem where there is an error on your tax return and you have submitted the etax return yourself.

Although the etax system is a great tool which is of significant assistance to many people and it is likely that it has resulted in a great deal more efficiency in the administration of the tax system by streamlining the processes by which taxation is administered each year if you are a user of the system who is not particularly familiar with computers or you simply make an error because of the business of that period of the year and the administrative complexity of your financial affairs it can have very serious consequences for your business and your life if you do not take action to correct the errors. You will most likely need the services of a tax lawyer or another type of tax professional to assist in correcting this mistake. We have specialist tax lawyers available who are experienced in resolving problems and disputes which occur with the Australian Taxation Office and other revenue authorities. Please do not hesistate to contact us using any of the contact methods available on this site if you wish to discuss any aspect of taxation law and other legal matters.