Australians will be able to submit their next tax return from their smartphone, tablet or computer through a new app.
MyTax will be available from the Australian Taxation Office from July 1.
On computers it will be fully online, rather than requiring people to download special software as is the case now.
Treasurer Joe Hockey expected using MyTax would cut the amount of time people needed to spend lodging their tax return.
However, not everyone will able to use the new platform.
People with more complicated tax returns — such as those with rental properties, foreign income or employee share schemes — will be ineligible to use it.
To use MyTax, a taxpayer needs to meet the following criteria:
- Australian residents during the relevant financial year
- Have income only from salary, wages, allowances, bank interest, dividends, Australian government payments
- Only have deductions for work-related expenses, expenses related to interest or dividend income, donations, the costs of managing their tax affairs
- Only offsets are to claim the senior and pensioner tax offset, and/or zone and overseas forces tax offset
Taxpayers cannot use MyTax is they have business income or losses; rental properties; partnerships or trusts, including managed investment trusts; capital gains or losses; foreign income; lump sum payments; employee share schemes; superannuation income streams and superannuation lump sum payments