This topic explains how to create a new credit note and a return for credit, and how to process a return for credit that was created automatically from an invoice. Print neatly in block letters with a black ballpoint pen only. Instructions to help you complete each part of the application for a refund of franking credits 2025.
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If you don't need to lodge a tax return, you can claim a refund of your franking credits online, over the phone or by post. If you're not sure of your tfn or. Prepare this tax return using the refund of franking credits application and instructions available at ato.gov.au/rfcinstructions.
The australian consumer law also prohibits the sellers from falsely advertising a refund policy.
Your refund policy sign must not be misleading. You do not have to return products in the original packaging to get a refund. If you're eligible we will automatically refund your. Retailers are not legally obliged to provide a specific returns policy.
If the product is found not to have a problem, you may need to pay the transport and inspection costs. Write your tfn in your application. The product does not have to be in its original packaging, but a business is entitled to ask consumers to provide. Consumers have the right to return a product if they think there’s a problem.
What are franking credits and when individuals are eligible for a refund of franking credits.
