5 Deadly Tax Mistakes International Students Should Avoid

Рет қаралды 18,668

Күн бұрын

👋 In this video, we will explain about the top 5 mistakes that international students should avoid when doing their tax return in Australia.
The information provided in this video is general in nature and does not constitute financial advice. Please speak to a registered tax agent about your specific situation.
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Пікірлер: 43

@ammiesobola9931 11 ай бұрын

Great Video! Please What is the implication of not getting the Medicare exemption form before filing?

@aimanrizal2366 11 ай бұрын

Thank you for such useful videos on claiming taxes, you're the first I've seen doing videos like this (which now i realise there should be more sources like this cause so many students are facing this and its so confusing). I also didn't know medicare entitlement statement for the medicare levy exempt - just applied thanks to you. So does this exempt help to reduce the taxes we need to pay? can you also advice what do international students put for private health care insurance? - are we involved in this, and if so, what do we need to put under claims? thank you!

@bsks1694 16 күн бұрын

Pretty useful video!

@shainaheeba Жыл бұрын

Heyy Sam please make a vedio on education loan and other funds…

@karunapoudyal316 10 ай бұрын

I am self employed and my resident still shows No . How do I change from non resident to resident?

@user-ne9lp5nz2h 9 ай бұрын

Hello, Thank you for your efforts. I just want to ask that I came Australia at May this year and started doing food delivery for only 3 months yet, should I do tax return in this year (by the end of 31st Oct.)? Thank you...

@sugamgautam6745 Жыл бұрын

Is youtube income also considered as taxable income? Do we need to pay tax for youtube income in Australia??

@whyeeolivia Жыл бұрын

Hi! Absolutely love your content, if it wasn't because of your videos I would not know that I need to claim a medicare entitlement statement for the medicare levy exempt even as an international student I have a question for a friend, she has a fixed-term deposit and she is earning interest, in that case does she need to state her interest or does she also need to state the amount of money she has in the deposit for tax return? And in which part does she need to fill out under income tax?

@overseasstudentsaustralia Жыл бұрын

Thanks a lot and great to hear that friend. In regards to your question, i found a very useful article that explains it well. In summary, it says it depends on when you are getting the interest, if you are getting interest on maturity, then you need to report it in the year you get it. If you are getting it monthly, then you need to report the interest you recieved already. You can also ask bank for a statement for the last financial year as well and you can find how much interest they paid so far. Check the article here: www.finder.com.au/paying-tax-on-term-deposit-interest#:~:text=You%20need%20to%20pay%20tax,earn%20on%20a%20term%20deposit.&text=If%20you've%20invested%20money,the%20interest%20income%20you%20earn.

@ibrahim_dh Жыл бұрын

hi , please I want to study my bachelor in australia there is a way to study language then the course because I dont have an english test 👐

@sundharadhilipansenthamizh4814 Жыл бұрын

Hi bro... Actually my student visa got refused last month and I heard that lot of students visa applications from India are refusing now a days. Is it true? True means what's the reason and when it will be fine

@parulnarayan1410 4 ай бұрын

If I am on a Student visa SC 500. (Secondary applicant) and I work full time. I can only study 3 months and visa expires after 2 years. So in this case should I be considered an Australian resident for tax purposes or a foreign resident for tax purposes?.

@mohamedzaffer5238 Жыл бұрын

Thank you so much.

@overseasstudentsaustralia Жыл бұрын

Thank you 😊

@waqasmaqsood9270 Жыл бұрын

Great information. ❤

@overseasstudentsaustralia Жыл бұрын

Awesome to hear that friend

@MandeepKaur-bd9tm Жыл бұрын

hello the medicare form necessary to fill before the tax file launch

@overseasstudentsaustralia Жыл бұрын

Yes, get that form before filing taxes.

@muhammadsamiullah7944 Жыл бұрын

Love you bhai ❤big fan I want to meet you in my future ❤️ 😊

@overseasstudentsaustralia Жыл бұрын

Thank you, bhai. Love you too. Indeed, hope to meet you as well.

@useba Жыл бұрын

do you know is it hard to go for Student Visa after Covid Visa? and still covid visa is applicable in immi website.

@overseasstudentsaustralia Жыл бұрын

Hey, does not seems to be the case as thousands of students are returning back to study in Australia now.

@useba Жыл бұрын

@@overseasstudentsaustralia so to be clear, my english not perfect. You mean it's impossible to getting approved by Immigrant officers if i appled student visa after Covid Visa?

@kiranms8419 Жыл бұрын

Hi, Can I travel to Australia after my course started? I recently paid my fees and my classes will start on this Monday(july 10), but I haven’t got my COE yet. Will it affect my visa and going to Australia in this intake itself? Can anyone answer this please. Thank you

@austinanjeo5580 Жыл бұрын

On your visa it says should not arrive after ….. so check that

@Mohammadsamichowdhury-de8vh 11 ай бұрын

If you take a loan, do you have to pay tax on that loan in Australia?

@overseasstudentsaustralia 11 ай бұрын

Where are you taking this loan? Usually, no..

@erdenetuyabaasan6609 Жыл бұрын

Thank you for your very useful information. But you are talking too fast for overseas students ...

@overseasstudentsaustralia Жыл бұрын

Thank for the feedback. I ll keep that in mind for upcoming videos

@76sunil Жыл бұрын

I am working as enrolled nurse and I am studying bachelor of Nursing as international student. So can i claim tax deduction with university fees

@ShanayaHerath 25 күн бұрын

Hey can I know more information about if bachelor of nursing student can work as enrolled nurse?

@CrisleejayMarcella-yq6mi 11 ай бұрын

I taxed about 17k and my tax refund was only 195 accountant told me that I am not a citezen if I am a citezen I can get 8k

@overseasstudentsaustralia 11 ай бұрын

Did you mean your earnings were $17k or tax was $17k? I

@ronyrony-hb5kk Жыл бұрын

Too mich un-necessry loud background music

@overseasstudentsaustralia Жыл бұрын

Thanks for the input. Will try to reduce it in the next videos.

@neelkhadela5717 Жыл бұрын

I change my university from uni to college During that time I have 2 months gape So can i work unlimited hours during 2 months I am asking you because of after 1 st july 24 hours per week Do you know about that ??? Please answer Please Please Please Please Please Please Please Please Please Please

@anywaytechreview Жыл бұрын

thats not how it works if you didnt start the course yet then you are still restricted to 24 hours per week. the ability to work unlimited hours during university or college holidays is only for those international students who already started the course only not for student who havent started the course yet

@neelkhadela5717 Жыл бұрын

Thanks