If you worked in any of these countries, you could be due a Tax Refund

Do you need to file an Australian tax return?

Australian Tax season is here! You might be asking yourself...

Who should file a tax return in Australia?

You must file an Australian tax return if:

• Tax was deducted from any payments like your wages that you received during the tax year

• You are an Australian resident and your taxable income was above the tax-free threshold

• You are a non-resident and earned over $1 in Australia during the tax year

• You are leaving Australia permanently or for more than one financial year

The average tax refund Down Under is AU$2600


Keep in mind that you do not need to lodge an Australian tax return if you are a non-resident and your only Australian-sourced income was interest, dividends, or royalties from which non-resident withholding tax has been correctly withheld.

Why file?

If you do not file a tax return by October 31st you may be charged penalties by the Commissioner of Taxation.

The penalty is $222 for each 28-day period or part of a 28-day period that the returns remain overdue, up to a maximum of $1,110.

  • 1-28 Days Past Deadline = $222

  • 28-56 Days = $444

  • 57-84 Days = $666

  • 85-112 Days = $888

  • 113 Days or more = $1,110

Although the penalty is usually waived if you do not owe any money to the Australian tax office, it is better to keep your record clear.

In addition to remaining compliant, by filing a tax return, you may get a hefty refund. The refund amount depends on your occupation and earnings, marital status, whether you have dependents and any work-related expenses you incurred.

The average income tax refund our Australian customers get is AU$2600, so it is worth filing.

Don’t forget to claim your work-related expenses

When filing your tax return, we claim your work-related expenses and deductions to increase your tax refund.

There are a few major rules you have to keep in mind when claiming work-related expenses.

  • Your expense must be work-related, not private
  • The expenses should have incurred in the year you claim them.
  • If you have received an allowance from your employer it does not automatically mean you are entitled to a deduction
  • If your claims exceed $300 you will need to keep all your receipts and documents supporting your claim.

A very common mistake is that people often do not separate private expenses from legitimate work-related ones.

Our team is trained to  give you advice on all requirements and make sure we claim all allowances to get the maximum refund available.

Leave it to the experts!

Tax season doesn’t need to be a headache.

Join the thousands who have already filed their tax returns with us.

Get in touch with our tax experts today.

The average tax refund Down Under is AU$2600