I donât bother until the very last moment, as I normally have a tax debt.
Comment on Daily Discussion Thread: đ» Monday, July 01, 2024
Duenan@aussie.zone âš4â© âšmonthsâ© ago
I thought Iâd check out the tax return forms just got fun but the ATO website is being smashed at the moment.
Anyway I canât lodge it till I get the pre fill information uploaded by various places.
Donât imagine Iâm going to get much back this year if last year was anything to go by.
prime_factor@aussie.zone âš4â© âšmonthsâ© ago
RustyRaven@aussie.zone âš4â© âšmonthsâ© ago
Getting a lot back means you have overpaid during the year for some reason, if you only get a small return it means that you have had the use of that money earlier instead of giving the govt. an interest free loan.
I should be getting a decent return this year because I paid a fair bit extra into Super, plus a bit for the rebate on health insurance premiums. Unfortunately I have some money invested in EFTs and it always takes a few months for them to put together the final statements so I canât put in my return and get the money back until that is done. Iâm looking forward to the time after I retire and I can have all my investments in a nice simple tax free super fund and not have to worry about all this tax return nonsense.
just_kitten@aussie.zone âš4â© âšmonthsâ© ago
Used to get a decent chunk back when they had the LMITO⊠last yearâs tax return had me deadset depressed :(
This year I am claiming about 2k off my taxable income, that alongside not earning for about 3 months means hopefully I will get a reasonable amount of tax back.