Tax return - this can't be right!!
#1
I lodged the online tax return today - for my husband - and was shocked to get to the end and the estimate said a refund of $4250 was due. Is this what I should expect? He claimed $525 for work expenses, he is on a fairly poor/ average wage, only he works and we have 2 children, oh and we've only been here since Jan this year, on a 457.
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
#2
BE Enthusiast





Joined: Apr 2005
Posts: 706











Kar-kier,
If the answers have been truthful, and the questions addressed correctly, may I suggest that you just take the money and run? *kidding*.
I don't know the circumstances of how the refund was computed/calculated, but here's some karma hoping that the numbers are correct - $5K would be a very nice pressie from the tax-man indeed
If the answers have been truthful, and the questions addressed correctly, may I suggest that you just take the money and run? *kidding*.
I don't know the circumstances of how the refund was computed/calculated, but here's some karma hoping that the numbers are correct - $5K would be a very nice pressie from the tax-man indeed
#3
BE Forum Addict








Joined: Jan 2007
Posts: 3,994











I lodged the online tax return today - for my husband - and was shocked to get to the end and the estimate said a refund of $4250 was due. Is this what I should expect? He claimed $525 for work expenses, he is on a fairly poor/ average wage, only he works and we have 2 children, oh and we've only been here since Jan this year, on a 457.
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
#4
Thanks people!! Hoping it is right, would be a nice wee whack to tide us over!!
#5
BE Enthusiast




Joined: Feb 2007
Posts: 473
From: Robina, GCoast











Does everyone who works need to file a tax return or just self emp in Oz?
#6
BE Enthusiast





Joined: Jan 2005
Posts: 526
From: with the Carnaby cockatoos











I believe it is everyone who has had any income - but I'm no expert
#7
Forum Regular



Joined: Dec 2008
Posts: 101


what if you have no pay dockets
#8
I lodged the online tax return today - for my husband - and was shocked to get to the end and the estimate said a refund of $4250 was due. Is this what I should expect? He claimed $525 for work expenses, he is on a fairly poor/ average wage, only he works and we have 2 children, oh and we've only been here since Jan this year, on a 457.
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
#9
Your employer should give you a group certificate (yearly summary of pay and tax withheld) at the end of the financial year - in fact every employer that you have had during the year will give you one.
It's the bane of every working Aussie's life I can assure you! If you havent done one before though, I suggest you head off to a tax agent and get them to do it then you can see what you can claim for.
It's the bane of every working Aussie's life I can assure you! If you havent done one before though, I suggest you head off to a tax agent and get them to do it then you can see what you can claim for.
#10
I lodged the online tax return today - for my husband - and was shocked to get to the end and the estimate said a refund of $4250 was due. Is this what I should expect? He claimed $525 for work expenses, he is on a fairly poor/ average wage, only he works and we have 2 children, oh and we've only been here since Jan this year, on a 457.
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
As you were here for only part of the year maybe thats why you are getting a larger return as his emplyer would be taxing him at the rate of the full year.
#11
If only one of you is working you could be getting the dependant spouse allowance. That's about 2.5k I think.
#12
Hillarys, Perth






Joined: Mar 2005
Posts: 1,094
From: Hillarys, Perth.











I lodged the online tax return today - for my husband - and was shocked to get to the end and the estimate said a refund of $4250 was due. Is this what I should expect? He claimed $525 for work expenses, he is on a fairly poor/ average wage, only he works and we have 2 children, oh and we've only been here since Jan this year, on a 457.
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I was expecting about $500 at the most - have i done something wrong? All the questions were straight forward, so I'm not sure where/ if i went wrong! Any help would be appreciated!
Kareena
I believe it's to do with your tax calculated on a full year and you only worked a few months of the year.
Just don't expect it every year!
#13
We arrived in November 08. Do we need to declare anything earned in the UK between July and Nov? I've not earned anything here as a stay-at-home mum but did in the UK. I received a rebate from UK Inland Revenue due to only working part of a year. I rang the ATO to ask and couldn't get a straight answer!
#14
We arrived in November 08. Do we need to declare anything earned in the UK between July and Nov? I've not earned anything here as a stay-at-home mum but did in the UK. I received a rebate from UK Inland Revenue due to only working part of a year. I rang the ATO to ask and couldn't get a straight answer!
#15
gill



