No more ATO refund cheqs, Now EFT only
No more ATO refund cheqs, Now EFT only
You need a bank account for your Tax refund now
From 1st july the ATO will no longer pay tax refunds by cheque to save money time and trees. Instead it will only pay them by electronic transfer into an Australian bank account.
Make sure you bring your current EFT bank details for a refund if we do not already have.