Make your EOFY payments early

Make your end of financial year bill payments and other bank transfers early. Make payments before the cut off time of the banking day before the 30th of June to be able to claim any deductions in the current financial year.

If you have larger payments to make from your personal account, you can increase your daily transfer limit online. We recommend you change your daily limit back when you’re done.

Protect yourself from tax scams

As tax time approaches, criminals may attempt to take advantage of the end of the financial year to gain access to individuals’ and businesses’ money and information.

Learn more about the main types of scams that involve criminals impersonating the ATO including tax return scams and tax advice scams. You can also stay informed about the latest scams and fraud on our Security Hub to stay safe all year round.

Explore our guides

Doing tax for the first time

Lodging your first tax return may sound overwhelming, but here are some simple things you can do to prepare.

Provide your Tax File Number

Interest earned on a NAB personal transaction or savings account may form part of your assessable income for tax purposes.

If you have given us your Tax File Number (TFN), the interest earned would have already been reported to the Australian Tax Office (ATO) and will appear as pre-filled data in myTax ATO online tax return.

If you have not given us your TFN, we may need to deduct a portion of the interest earned on your account for Pay as You Go Withholding (or a TFN exemption). The amount deducted could be claimed back when you lodge your tax return.

Download interest statements

If you have any accounts that earn interest, you may need your interest statement to lodge your tax return.

You'll need to wait for the full year interest to be applied to your account.

The easiest way to get your interest statement is to log into NAB Internet Banking or the NAB app.

Organise your receipts

Find receipts for expenses you can claim as tax deductions, opens in new window.

The key is to be organised throughout the year and keep the receipts in one place so they’re easy to find.

You may want to go through your transaction history to get a record of your expenses. You can download a PDF of your recent transactions using the NAB app or NAB Internet Banking.

Recommended guides to help you prepare

Personal tax returns

This may not be your first time completing a tax return, but everyone can do with some help getting organised for the end of financial year. Try these guides.

Explore our articles about personal tax

Recommended guides to help you prepare

Business tax returns

Our small business hub has checklists, articles and guides to help make tax time a little easier when you’re busy managing your business.

Explore our articles about business tax

Online tools for your business

Recommended guides to help you prepare

Investing and tax

Whether you’re already an investor or thinking about dipping your toes in the investment waters, here are some things to consider for tax time.

Explore our investment articles

Trusted external resources

The Australian Tax Office (ATO) and other government agencies have some information to help if you need additional support or information. This includes information in languages other than English and tax rebates for people with disabilities by state or territory.

Important information