Consumers advised to pay income tax bill on time

With the deadline for income tax bill payments in place from the start of next week, consumers may want to use a credit card in order to meet such a financial commitment.

People yet to pay their income tax bill are advised that they can use their credit card to meet such a demand for payment.

As the Australian Tax Office (ATO) points out that a variety of ways to settle their financial statement, as payments are due from next Monday (November 23rd).

One means of doing this is via credit card, while people can also transfer cash from their bank account with BPAY.

Such a financial commitment can also be made by cash or cheque at Post Office branches.

However, second commissioner Bruce Quigley advises people to look at their notice of assessment to ensure they get their tax return payment in on time and avoid being charged.

"Due dates vary, so it is important to check your notice of assessment to ensure you don't miss your payment deadline," he states.

The Australian banking guidance comes as the ATO reminded consumers last month to make sure they check all the information on their tax return for accuracy before it is filed.

By Nate Sawyer