this post was submitted on 30 Jun 2024
23 points (100.0% liked)
Melbourne
1844 readers
56 users here now
This community is a place created for the people of Melbourne and Victoria. We are a positive, welcoming and inclusive community. We might not agree about everything, but we always strive to stay civil and respectful.
The focus of our discussions is based around things that effect Victoria, but we are also free to discuss our local perspective on wider issues. Or head to the regular Daily Random Discussion thread to talk about anything.
Ongoing discussions, FAQs & Resources (still under construction)
Adoption Certificate for Nellie, the Daily Thread numbat (with thanks to @Catfish)
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I thought I’d check out the tax return forms just got fun but the ATO website is being smashed at the moment.
Anyway I can’t lodge it till I get the pre fill information uploaded by various places.
Don’t imagine I’m going to get much back this year if last year was anything to go by.
I don't bother until the very last moment, as I normally have a tax debt.
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 can't put in my return and get the money back until that is done. I'm 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.
Used to get a decent chunk back when they had the LMITO... last year's 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.