Those who have worked in the country for six months or longer are entitled to a tax refund. The tax year for Australia runs from July 1st to June 30th. It is essential that you were in Australia for at least six months working in order to get your tax money returned to you. It is very easy to file, and while you can do it yourself, it is recommended that you use an Australian tax agency to assist you. This will help to eliminate any delays or confusion in your tax filing.
Information needed to claim back your tax from Australia
Most Australian tax agencies will give you a simple tax packet that you can use to file your tax returns. This will help you in gathering the information needed to file for your tax money. Most workers are able to receive around $2600 depending on your salary and the length of time you have worked in the country. It is required to be in the country for at least six months before you are eligible to apply for your tax back money.
One of the first things that you will need is your Tax File Number, which you should have gotten before you started to work. It is necessary to have given this information to your employer within the very first thirty days of work. There is an emergency tax wage on those who avoided getting the number and giving it to the employer.
Information required to file for your tax back
Those who are backpackers or holiday workers are eligible for a tax refund if they comply with all the stipulations to file. You will need your PAYG or final pay slip in order to claim taxes from your employer. If you do not have this information, normally most Australian tax agents use a Document Retrieval Team to track down the employer for the proper documentation. It is very easy to file and usually receive a large refund. Most of all remember it is required by law to file your tax report at the end of the tax year when you have worked in the country.
Filing a tax report made easy
The government of Australia makes it easy for anyone to file their taxes by providing a website for your convenience. Simply go to www.taxreturn247.com.au and many of your questions will be answered as well as the proper paperwork for you to file a simple tax return online. When you have exceeded the amount of income allotted in order to get tax money it is advisable to use a tax, agent. The agent is able to help you claim certain expenses incurred while you lived and worked in Australia. This will lower the amount of your earnings and help you to get a full amount of tax money that you deserve. Most of these agencies are able to help you get a tax refund within twenty-four hours of filing.