Why your tax return outcome may change in 2023

The outcome of your 2023 tax return may be different than in previous income years. You may have a lower refund or you may receive a tax bill.

Your tax return outcome may change for any of the following reasons:

• A tax offset you received previously is no longer available or you are no longer eligible for an offset – for example, the low and middle income tax offset ended on 30 June 2022.

• Your credit or refund has been offset against another debt – including debts on hold with the ATO or debts you have with other government agencies.

• Your income or deductions for the income year are different from previous income years.

• The ATO finds a difference between the details in your tax return and the information they receive through pre-fill data or data matching.

• You have not advised your payer of your study or training support loan and your income is above the minimum repayment threshold and you have a compulsory repayment amount.

Low and middle income tax offset (LMITO)

LMITO ended on 30 June 2022. The last year you can receive it is the 2021–22 income year.

LMITO is not available for the 2022–23 income year and later income years.

You received LMITO if your taxable income was less than $126,000. You must also be an Australian resident for tax purposes.

LMITO not available 2022–23 income year onwards

Low and middle income tax offset (LMITO) ended on 30 June 2022. This means it doesn't apply for the 2022–23 income year.

Your tax return outcome may be different this income year. You may have a lower refund (less than when LMITO was available) or you may receive a tax bill.

More information can be found on the ATO website about the Low and middle income tax offset as well as why your tax may change