Amend Tax Return Help: How Tax Falcon Handles Amendments, ATO Debts and Audits
Quick answer: Yes. If you need to amend tax return details after lodging, Tax Falcon can lodge the amendment for you. We also help you understand and manage an ATO debt, including setting up a payment plan, support you if the ATO reviews your return, and let you pay your fee from your refund instead of upfront.
Tax Falcon is an Australian online tax agent registered with the Tax Practitioners Board (registration number 26359813), and a registered tax agent reviews every return before it is lodged. This guide covers what happens after lodgement: fixing mistakes, dealing with a tax bill, ATO reviews and how our fees work.
Can Tax Falcon amend a tax return that has already been lodged?
Yes, Tax Falcon can amend a tax return that has already been lodged with the ATO. The most common reasons people need an amendment are:
An income statement from a second or previous employer that was missed or finalised late
A work-related deduction you forgot to claim
Private health insurance details that were missing or incorrect
Bank interest, dividends or other investment income that was left out
Incorrect spouse or dependant details that affect offsets or the Medicare levy surcharge
If the amendment increases your refund, the ATO pays you the difference. If it reduces your refund or creates a bill, we explain the result clearly before anything is lodged. The ATO sets time limits on amendments, so it is best to act as soon as you notice an error.
Why do I owe money on my tax return, and can Tax Falcon help?
Most unexpected tax bills come from a handful of common causes, and Tax Falcon checks each one for you. The usual suspects are:
Claiming the tax-free threshold with more than one employer at the same time
HECS-HELP repayments that were not withheld from your pay
The Medicare levy surcharge applying because you did not hold an appropriate level of private hospital cover
Side income, investment income or rental income with no tax withheld
Centrelink payments where too little tax was withheld
If the bill comes from an error, we fix it with an amendment. If the bill is correct, we help you manage it, as explained in the next section. We never claim deductions you are not entitled to, because an inflated refund today only creates a bigger problem if the ATO reviews your return later.
Can Tax Falcon help me with an ATO debt or payment plan?
Yes, Tax Falcon can help you work out exactly what you owe and arrange a payment plan with the ATO if you cannot pay in full.
According to the ATO, tax debts on a payment plan continue to accrue the general interest charge (GIC), which compounds daily, so paying the debt off sooner reduces the total interest. The ATO decides whether to approve a plan and on what terms, and we help you put forward a realistic one.
What happens if the ATO reviews or audits my tax return?
If the ATO reviews or audits a return Tax Falcon prepared, we support you through it. That means helping you understand the ATO's letter, gathering the records it asks for and preparing your response.
Because a registered tax agent checks every claim before lodgement, and we only claim what you are entitled to and can back up with records, a review is far less stressful. Keep your receipts and records in case the ATO asks for them.
Can I pay my Tax Falcon fee from my tax refund?
Yes, you can choose to have your Tax Falcon fee deducted from your tax refund, so there is nothing to pay upfront.
Our Standard Tax Return is $88. See our pricing page for current fees, including any fee that applies to the pay-from-refund option.
How do I amend tax return details with Tax Falcon?
It takes five simple steps, and a registered tax agent handles the lodgement for you.
Go to taxfalcon.com.au and tell us what needs fixing.
Upload the missing or corrected information, such as an income statement, receipts or your private health insurance statement.
A registered tax agent reviews the change and explains how it affects your refund or bill.
Once you approve, we lodge the amendment with the ATO.
The ATO processes it and issues an amended notice of assessment.
How does Tax Falcon help after you lodge?
Tax Falcon's support does not stop at lodgement. Here is a quick summary:
Situation | How Tax Falcon helps |
Missed income or deduction | Lodges an amendment with the ATO |
Unexpected tax bill | Checks for errors and amends if needed |
Cannot pay the ATO in full | Helps arrange an ATO payment plan |
ATO review or audit | Audit support with records and responses |
No cash for fees upfront | Fee can be deducted from your refund |
Why should I trust Tax Falcon as my online tax agent?
Tax Falcon is a registered tax agent (registration number 26359813), and you can check this yourself on the Tax Practitioners Board register.
A registered tax agent reviews every return before lodgement
ATO pre-fill imports your available income information
A flat $88 Standard Tax Return
Support after lodgement: amendments, ATO debt help, payment plans and audit support
Frequently Asked Questions
How do I amend my tax return in Australia?
You can amend a lodged return yourself in myTax, or ask a registered tax agent such as Tax Falcon to do it for you. Tax Falcon reviews the change, explains how it affects your refund or bill, and lodges the amendment with the ATO once you approve it.
Can Tax Falcon amend a tax return that has already been lodged?
Yes. Tax Falcon can amend a tax return that has already been lodged with the ATO, for example to add a missed income statement, a forgotten deduction or corrected private health insurance details.
Can a tax agent help me set up an ATO payment plan?
Yes. Tax Falcon can help you confirm what you owe and arrange a payment plan with the ATO if you cannot pay in full. The ATO decides whether to approve the plan, and interest (GIC) keeps accruing until the debt is paid.
Does Tax Falcon offer audit support?
Yes. If the ATO reviews or audits a return Tax Falcon prepared, Tax Falcon helps you understand the ATO's request, gather the records it needs and respond.
Can I pay for my tax return out of my refund?
Yes. Tax Falcon lets you have your fee deducted from your tax refund, so there is nothing to pay upfront. Check the Tax Falcon pricing page for current fees.
Made a mistake on your return, or worried about a tax bill? Start your tax return with Tax Falcon and let a registered tax agent sort it out.
