ITR - Credit for interest on early tax payments -ATO

   C1 - Credit for interest on early tax payments

Any of the following payments made to ATO before 14 days of the actual due date

  1. Income tax (including Medicare levy and Medicare levy surcharge)

  2. Compulsory Higher Education Loan Program (HELP) repayment.

  3. Compulsory Vocational Education and Training Student Loan (VETSL) repayment.

  4. Compulsory Student Financial Supplement Scheme (SFSS) debt repayment.

  5. Compulsory Trade Support Loan (TSL) debt repayment.

  6. Compulsory Student Start-up Loan (SSL) repayment.

  7. Compulsory ABSTUDY Student Start-up Loan (ABSTUDY SSL) repayment.

  8. Interest on distributions from non-resident trust estates

  9. Shortfall interest charge etc

Notes: Only for Individual we will get ATO Prefill Report for Trust & Company there is no ATO prefill