DIY: Tax return Australia - step by step, how to do your tax return and get even more $$$.

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DIY: Tax return Australia - step by step, how to do your tax return and get even more $$$.

Рет қаралды 36,043

4 жыл бұрын

Tax return in Australia is very easy to do it yourself.
If you worked for one or a few employers than that video will help you how to do Tax return without paying to an accountant.
You will learn about Deductions and how to get more money using that toll.
Bio:
Hi guys,
we are Monika and Edgar.
Polish and Mexican, living on the Gold Coast.
I teach English, especially, prepare students for IELTS certificate.
*Enrol in free first class*:
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We have our travel blog about sustainable travelling and living:
www.hopkiwi.com
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Пікірлер: 54

@amanmokawat9310 3 жыл бұрын

If you do not have Medicare benefits, you should've checked yes when it asked you if you are a Medicare exemption.

@bhutanesian 2 жыл бұрын

That was what I was about to comment on

@doc-holiday 2 жыл бұрын

you are correct but in there example since they are under 25k they dont pay anything. Its already built into the calculator if you pick yes or no.

@stefylinluntungan5241 Жыл бұрын

Thank you so much! i just follow ur steps

@afradhahamed5181 2 жыл бұрын

Thank You

@donaldgaff2271 Жыл бұрын

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@Alexedmartin. Жыл бұрын

Nice one Donald.Any investment tip?. I would love to know how you made it this far.

@donaldgaff2271 Жыл бұрын

@@Alexedmartin.

@Alexedmartin. Жыл бұрын

@@donaldgaff2271 I actually came here for tax refund.I value your recommendation. It's challenging to locate a trustworthy person. I could really use your investment advisor after seeing how much money you've made through investing. If you don't mind revealing her information, that is

@donaldgaff2271 Жыл бұрын

@@Alexedmartin. By looking for her name online, you can quickly uncover her information. She recently appeared on CNN and she is really simple to deal with no matter where you're located

@emeldcentor1474 Жыл бұрын

@@donaldgaff2271 I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise, just got my tax refunded I need to invest it.Thanks a lot . This was of so much help to me .

@rebeccagatambiye1625 2 жыл бұрын

Thank you so much, this helped massively .

@luisxy393 3 жыл бұрын

You really don't care about anyone seeing your personal details :D, but great video. I got through it now, thanks!

@HopKiwiTravel 3 жыл бұрын

I don't have nothing to hide 😂 and I'm not a milliner afraid of kidnapping. 😅 Hope video helped.

@xro0xiix 3 жыл бұрын

In the step 3… last box said you are claiming tax offsets, adjustments or a credit for early payment mine is working holiday marker net income checked it’s that okay? My visa is work and holiday

@xro0xiix 3 жыл бұрын

I should click yes if i do have a spouse at the first part? Im in a relationship between 1 july 2020 and 30 june 2021

@buggylol1783 2 жыл бұрын

Thank you so much . This is very helpful 🙏🙏🙏🙏🙏🙏

@dhavaldesai1767 2 жыл бұрын

Hi i worked ampol as console operator and worked with uber eats as well how to prepare and fill box while doing in lodge tax

@jayloving2005 3 жыл бұрын

Howmuch can i claim deduction minimum without receipt $300 or $500, thanks

@HopKiwiTravel 3 жыл бұрын

$500

@jayloving2005 3 жыл бұрын

@@HopKiwiTravel Thanks howmuch can I claim deduction without receipt for Process worker?

@HopKiwiTravel 3 жыл бұрын

@@jayloving2005 occupation does not matter, it's $300. It used to be 500, 4 years ago.

@anniemarielilly2052 3 жыл бұрын

Hello, is this for partnership as well... What is the tax income for a shared income?

@HopKiwiTravel 3 жыл бұрын

that's a good question to ask your accountant. I do not want to provide misleading info.

@anniemarielilly2052 3 жыл бұрын

@@HopKiwiTravel I don't have an accountant. I prefer to do it myself.

@isakkhan303 Жыл бұрын

Hi how are you how to do ABN please make another video

@nid1382 3 жыл бұрын

Thank you so much for your helpful video

@AWXP 3 жыл бұрын

thankyou, you are amazing

@reloadedbhuwan 3 жыл бұрын

Your video is helpful but one big mistake you are doing is selecting NO for 'medicare levy exemption' as you said you do not have medicare, you fall in one of those categories that are eligible for exemption. If you select NO in exemption, ATO takes away 2% of your taxable income as medicare levy which must be paid by those who use medicare facilities only. If you do not qualify for medicare then you can get that 2% back in returns. If you do not qualify for medicare select YES in 'medicare levy exemption' and put 365 in Full 2% exemption and 0 in Half 2% exemption. I think rest you are doing is all good.

@HopKiwiTravel 3 жыл бұрын

Hi, i do my tax with my husband and he does Medicare levy for both of us, it’s a bit more complicated as i run my own company. Anyhow we do know about levy and we get that back so all good 😉

@QiuQiu2NE1 2 жыл бұрын

@@HopKiwiTravel First of, Great video, it helps me lodge my first tax return in Aus, however I would appreciate adding note somewhere on the screen regarding this matter (medicare levy exemption), as I only read comment right after I lodge mine, it could've saved me a couple more bucks, if I made aware in the video (and if I read through everything, which I didnt :D)

@QiuQiu2NE1 2 жыл бұрын

Thanks for pointing it out, I missed that part, do you think I can request an amendment later?

@cataestacio 10 ай бұрын

Do I write 365 or just the number of days I was in Australia during the financial year?

@RN_Mehrdad Жыл бұрын

That's a lot

@AverageSoldierMain Жыл бұрын

I’m 13 years old and watching this. Idk why 🤷‍♂️

@nirushrestha7458 3 жыл бұрын

Thank you 😊

@HopKiwiTravel 3 жыл бұрын

no worries. Hope it helped :)

@Pchinaza410 2 жыл бұрын

Can i be using central link and ATO at once? İs that gonna work to receive founds from the two, centralink and ATO

@kashifrana6798 3 жыл бұрын

The interest we earned from bank saving account will be shown automatically in account or we need to manually enter?

@maunamnguyen2440 3 жыл бұрын

Hi, I hope you guys are well. May I ask what is the deduction's section for? Can we claim the money from mykie back? Thank you

@cruisindownthestreetinmy6490 2 жыл бұрын

If you travel to/from work every day, that would count as a work expense. If your method of transportation is through Public Transport, you can claim the total amount you spend every month on your Mykie.

@baby001000 2 жыл бұрын

Travelling to and from work is not deductible

@adrianaarango3747 3 жыл бұрын

Hey Monika, your video was so useful. I’m student now in Australia and you helped me to keep some money cuz I did by myself. God bless you 💕💕 thank you so much

@sebconadis5026 Жыл бұрын

You should of definitely blacked out your address, mobile number, and bank account I would trust anyone on the internet with that Information.

@nathalysepulveda8885 Жыл бұрын

Hi, what happens if I work with TFN and ABN? . How I add the invoice for ABN?

@diakorudd7268 2 жыл бұрын

I would blur my address too if I were you

@raminvlog 2 жыл бұрын

Hello can i ask something? How much minimum we can clam our tax?

@qaharnetic3919 2 жыл бұрын

Hide ur TFN at least please

@jaketorrens3778 2 жыл бұрын

Next time make the video quicker

@VizeoTheraby 2 жыл бұрын

HIDE YOURE INFO 😖

@piercemackenzie8382 3 жыл бұрын

helpful video thanks, but everyone should read the information to avoid any accidental wrong doing as both public transport (from your home to work) and uniform (none specific eg plain black pants) are NOT tax deductible. these deductions can only be made if you are traveling from workplace to workplace or if its uniform specific like checkered chef pants or chef hat. but overall very helpful video thanks guys.

@marinamuniz7320 3 жыл бұрын

Thank you so much for your helpful video. Just be careful next time with sharing your personal information. Unfortunately, there are crazy people on the internet.

@MJ-lr5nr 2 жыл бұрын

100% agreed, I was going to mention the same. She can also edit the video and "cut/blank screen" the section where she shared her info, youtube allows this on "Video edit" now.