TaxAid Australia is a simple and secure service that allows you to prepare and lodge your tax return online through a registered tax agent. It has built-in checks and calculators to help you ensure your return is as accurate as possible. The information submitted will be reviewed by tax experts and accountants. If necessary they will be in contact to get more information to complete the process of finalising your tax return. Signed tax returns and documents needed to substantiate deductions will be required before lodging your tax return electronically.
Our taxation services are structured to ensure you get the maximum tax refund you are legally entitled to, and to provide support services to assist with the preparation of your tax return and further communications with the ATO.
The ATO provides e-tax software for taxpayers to download and use to prepare and lodge their income tax return or MyTax as online service.
To use e-tax, you need to download it from the ATO website while ATO MyTax is an online service. TaxAid is a cloud based tax preparation and lodgment platform so no download or installation is required.
You can prepare and lodge your income tax return via e-tax or online with MyTax without assistance. When using TaxAid Australia, you can lodge from anywhere, and a tax expert reviews your return, corrects any errors and ensures that you receive your maximum tax refund by claiming all that you are legally entitled to.
TaxAid allows you to prepare and submit 2012 tax return onwards. However, if you want to lodge income tax returns from prior years send your request to TaxAid Australia. TaxAid Australia.
You can tick the tax payer's declaration at the time of filling the form online. However, before lodgment, a soft copy of the signed pages should be attached, authorising the tax agent to lodge your return electronically.
Step 1: Register/Login
Step 2: Make a payment
Step 3: Prepare your tax return
Step 4: Submit your tax return
Step 5: Sign the finalized tax return and send for lodgment
You will have to file a tax return even if you have made a loss from a business.
You can just register with TaxAid from anywhere in the world. Fill in a simple online tax assessment form and let a tax expert review, verify and lodge your tax return for you.
A simple tax return with one or two PAYG payment summaries and deductions totalling below $300 should not take more than 15 minutes to complete. Please collect the documents listed in the Tax Return Checklist before starting your tax return preparation.
Complete the questionnaire, attach the relevant documents and submit. TaxAid will take care of the electronic lodgment of your tax return to the ATO and follow-up its assessment.
The individual tax return lodgment season starts from July 01 and ends on Oct 31. You are expected to submit your tax return within the lodgment season.
If you need assistance in preparing your tax return email your queries to firstname.lastname@example.org
After you have submitted your tax return, a tax expert will verify your tax return and ensure you have claimed all that you are legally entitled to so that your tax refund is maximised. We will then request a signed declaration and lodge your tax return.Your refund will be deposited via EFT into your bank account and you will receive your Notice of Assessment.
Once the tax return lodged, generally you can expect your tax refund in 10 working days.
All your work related expenses can be entered in labels D1 to D5. All deductions claimed should be supported either by bills, a log book or bank/credit card statement entries. However, you are eligible to claim up to $300 as work related expenses without substantiating documents.
You can claim up to $300 of work related deductions without receipts/bills but you need to be able to show how you calculated your claim.
Centrelink will issue a PAYG payment summary similar to the one issued by the employer. The income and tax withheld should be declared in your income tax return.
No. Generally, your sponsored employer would have taken out private health insurance to cover you.
However, to claim this benefit, you need to produce a ‘Medicare Levy Exemption Certificate’.'.
However, to claim this benefit, you need to produce a ‘Medicare Levy Exemption Certificate'.
For more information on how to apply for an exemption certificate as a temporary resident, contact Medicare Australia on 132 011 or go to the Medicare website.
The ATO will send you your Notice of Assessment for your income tax return. If you have an amount payable the due date for the payment as well as methods of payment will be contained on the notice.
Depending on your circumstances a general interest charge and late lodgment penalty may be applied to your tax assessment.