Average Tax Return Australia Reddit If you can legitimately claim travel expenses such as air fares in your tax return then you can claim first class flights The ATO cannot dictate to you how much you should spend
The average full time wage in Australia is about 65 000 The tax rate in that income bracket is 30 Thus a 300 deduction would result in them paying 100 less tax Australian Personal Finance budgeting saving getting out of debt investing and saving for retirement Hi there Just had a couple of questions about income averaging and
Average Tax Return Australia Reddit
Average Tax Return Australia Reddit
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A tax return is to make sure you paid enough tax Sometimes people may more then they supposed to refund Less then they were supposed to pay pls Looks like you Taxable income 77 800 80 000 2 200 tax paid is 17 308 for the 2022 23 financial year including deductions Your employer would have withheld tax at the higher top rate
The size of the tax return will depend on the amount of data you need to enter if you mean a tax refund then my wife expects 12k despite no payments Those lovely franking You have to have made the contribution by Jun 30 Notice can be submitted anytime up until you lodge tax return for that year
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The average teacher according to surveys works 55 hours a week We get paid for 35 hour week If you add the 20 hours a week for working from home costs for tax time that is Yes you must lodge the tax return by the 31st of October You can do this yourself via the internet or with an accountant It depends on the individual if they owe or are owed money
Getting tax back means you ve had the wrong amount of tax taken out of your pay each week Getting 9 back means your payroll department has your tax calculated bang on The average Australian tax refund is 2 800 Here s what you can do with the extra money if you re among the majority of taxpayers who can expect a refund
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If you can legitimately claim travel expenses such as air fares in your tax return then you can claim first class flights The ATO cannot dictate to you how much you should spend
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The average full time wage in Australia is about 65 000 The tax rate in that income bracket is 30 Thus a 300 deduction would result in them paying 100 less tax
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Average Tax Return Australia Reddit - And changes in the 2022 23 financial year mean that many tax return refunds could be lower this year with some actually having to owe the Australian Taxation
