Tax return in Australia

Do you need to file a tax return?

The Fiscal year in Australia starts on 1 of July and ends on 30 June of the next year. So from the beginning of July till the end of October you need to lodge the Tax Return, which is a duty of Australian law. If you have been living and working in Australia for more than six months then you should fill out your individual income tax return and pay taxes or get a tax refund if eligible.

Often, it is really hard to sort through bureaucracy to get back taxes for many reasons: talking about taxes can be difficult, there is the risk of making a mistake, or you don’t know how to get the whole refund.

Doing it alone is a good idea, but often there is the risk of losing money or in the worst case scenario, you have to pay more taxes for filling out the tax back in the wrong way. Thanks to a supporting team of accountants, Just Australia can offer this service.

Lodge your tax return with us!

  • $69 for tax return with Tax File Number only
  • $99 for tax return with ABN

Working holiday visas and students tax returns

Working holiday visa holders pay 15% of taxes from the very first dollar earned. But if you earned less than $37,000 you are not required to lodge a tax return.

If you hold any other visa, then you don’t pay any taxes if you salary is below $18,200. If it’s above:

  • from $18,200 to $37,000 you pay 19% for every $ earned above $18,200
  • from $37,000 to $90,000 you pay $3,572 plus 32.5% for every $ earned above $37,000

Superannuation refunds

For all working holiday and student visa holders that have lived for more than 6 months in Australia and are going back to their country. For every work year in Australia you can back about $3,380:

  • it is necessary to leave Australia permanently
  • visa must be expired or cancelled before requesting superannuation

Necessary documentation to file a tax return

Before proceeding to file your tax return you should have all the following information:

  • Name and surname
  • Email address
  • Telephone number
  • Australian address
  • Arriving day in Australia
  • Departing day and flight ticket (for those who are leaving Australia)
  • Tax File Number
  • Pay Summary (all the payslips)
  • Last payslips (for those who are leaving Australia)
  • Employer details (name, address, ABN)
  • Receipts and purchases related with work
  • Visa
  • Passport
  • Bank account for the refund

Info

Fill up the contact form below
Stop by our office at level 9, 118 Queen Street, Melbourne
Drop us a line to info@justaustralia.it
Call us at 0455 260 015

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