Business
Why 470,000 Aussies will score an extra refund – Yahoo Finance Australia
Thousands of Australians can expect a robodebt refund this year.
Around 470,000 Australians will receive a refund after having incorrect debts levied against them, with payments to start flowing this week.
The Federal Government in late May revealed that $721 million in refunds would be delivered to Australians, after it was found the robodebt income compliance program had incorrectly pursued 470,000 debts.
The Australian Tax Office has clarified that the refunds are not taxable income and as such those who receive it do not need to include the sum in the…
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