thread: What do I do with my GC?

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  1. #1
    Registered User

    Sep 2008
    South West Sydney, NSW
    2,454

    What do I do with my GC?

    I have now received my group certificate and have an appointment to have my tax assessment done with my accountant this weekend - but it occurred to me today that I don't know how centrelink get updated on my (and DPs) actual earnings for the past financial year for the tax benefit payment (or whatever it is called... I am really not good with the terms).

    Once my accountant has done the assessment does something get sent to them electronically or do I need to call centrelink and update it?

  2. #2
    Registered User
    Add ~Serenity~ on Facebook

    Dec 2008
    Perth
    2,030

    i think the ato sends something to them

  3. #3
    BellyBelly Market Place Member

    Mar 2010
    Washing... again!
    187

    Tha ATO is linked to c'link via the computer system.

  4. #4
    Registered User

    Sep 2008
    South West Sydney, NSW
    2,454

    Cool - thanks guys! Can't half tell that this is my first year doing this!

  5. #5
    BellyBelly Market Place Member

    Mar 2010
    Washing... again!
    187

    When I rang yesterday to advice of lodgement the lady told me
    Apparently the ATO sends them info, clink sees if you have a debt and take their cut if you do.
    Then they send info back to the ATO so they can take money if you have a debt there.
    Then it goes back to clink and your refund/supps are done.

  6. #6
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    did i talk to you yest miss cinders? tats exactly how i explain it!

    are you receiving ftb already? all of this is dependent on you having your file active for ftb - if you dont have an active file you'll need to do a lump sum claim