Tax return - this can't be right!!
Jul 14th 2009, 3:56 am
#16
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Re: Tax return - this can't be right!!
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
Jul 14th 2009, 4:30 am
#17
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Re: Tax return - this can't be right!!
The Aussie tax system is like a government run Christmas club. Most people tend to be over charged on PAYG (as the government doesn't know what deductions are going to be levied). Most of this money is returned in July and is then used to buy stuff on layby. That's why all the toy sales happen in July.
Jul 14th 2009, 4:46 am
#18
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Re: Tax return - this can't be right!!
The Aussie tax system is like a government run Christmas club. Most people tend to be over charged on PAYG (as the government doesn't know what deductions are going to be levied). Most of this money is returned in July and is then used to buy stuff on layby. That's why all the toy sales happen in July.
Jul 14th 2009, 4:49 am
#19
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Location: melbourne
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Re: Tax return - this can't be right!!
I was wondering about this...... When we arrived we were told by a friend to claim family assist and when we did this we had to declare our UK pay from June last year until present.... we were also told by the person in family assist that this would need to be declared on our tax return at the end of the year aswell! So I am very confused what to do? Was advised by someone else to get a tax accountant to do this for me.
gill
gill
F.A. does take into account worldwide income before you came here, but income tax doesn't, due to a UK/Aus double tax agreement.
Jul 14th 2009, 4:51 am
#20
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Re: Tax return - this can't be right!!
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
Jul 14th 2009, 5:04 am
#21
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Joined: Feb 2009
Posts: 84
Re: Tax return - this can't be right!!
You have just inspired us to try to do our tax return online, tried to download it but it is not compatible with a MAC computer, has anyone else managed to run it on a MAC?
Jul 14th 2009, 6:36 am
#22
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Re: Tax return - this can't be right!!
In 2006-07, 80% of Australia Tax payers received a refund of tax at the end of the year. The average refund was $1,998. The number of tax refunds given was 9.9 million, out of the 11.8 million taxpayers.
The expected average refund for 2008-09 has recently been quoted as $2,351, although about half of all taxpayers expect to get back under $1,000.
The expected average refund for 2008-09 has recently been quoted as $2,351, although about half of all taxpayers expect to get back under $1,000.
Jul 14th 2009, 7:39 am
#24
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Re: Tax return - this can't be right!!
Agreed, tried myself last year but read somewhere the Etax software is only for Windows and won't work on macs. Your choice is to get someone to do it for you (tax accountant), find a PC to use or complete the manual forms yourself
Jul 14th 2009, 1:41 pm
#25
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Re: Tax return - this can't be right!!
ABC - I'd read that somewhere, possibly on here, and that is what made me think my numbers had to be wrong!
I did wonder why the toy sale was in the middle of July - the money is going towards the toddlers second birthday and both the boys Christmas'!!
I did wonder why the toy sale was in the middle of July - the money is going towards the toddlers second birthday and both the boys Christmas'!!
Jul 14th 2009, 3:47 pm
#26
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Re: Tax return - this can't be right!!
I worked on 457 from Aug 08 to Feb 09 then left australia to return home... do I need to do a tax return and can I expect any money back?
Jul 15th 2009, 12:06 am
#27
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Re: Tax return - this can't be right!!
I dont think you can claim the education rebate on a 457!
Jul 15th 2009, 12:07 am
#28
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Re: Tax return - this can't be right!!
Nope, we can't!
Jul 15th 2009, 6:10 am
#29
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Re: Tax return - this can't be right!!
BUT: The OP may be entitled to the Spouse Tax Offset (depending on how much husband and OP earn).
