Tax Invest Accounting
Region: AU
Thursday 02 July 2026 08:02:50 GMT
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infoqdul5v :
So I dont know anyone who has been fined for lodging late, but I know they will certainly be fining in future because the government is broke.
2026-07-03 02:37:52
5
🦇 Immo57🦇 :
My only expectation is to get another tax bill ✅😡😡
2026-07-02 08:12:26
8
i :
but albo said we get 1000
2026-07-02 09:11:58
1
bear :
if i claimed km for driving clients for 6 months can i claim it on tax for the next 6 and what about other cards expenses as I've had to change my engine or i wouldn't have been able to go to work. can that be claimed. working in ndis
2026-07-11 02:58:35
0
Arlo :
to clarify the difference the 1k is a deduction, it reduces how much income is assessable. if you earnt 75k of assessable income and have a 1k deduction, they calculate how much tax you need to pay as-if you'd earnt 74k, instead of 75k. the 250 WATO is an offset, it reduces the amount of tax after that calculation had been done. if you were meant to pay 15k tax based off your income, it reduces your tax payable to 14,750. because most employers withhold tax throughout the year based on an estimate of your annual income calculated with tax tables, a good rule of thumb is that offsets apply after your tax liability has been calculated, whereas deductions reduce your income before the calculation occurs, which is why you only get about 1/3rd of it back usually
2026-07-02 21:53:42
0
TheGak :
Thankyou for educating people on this. So many misunderstand how it works.
2026-07-05 23:05:11
1
Back Again :
Ohh I am in trouble
2026-07-03 07:25:49
0
Chris hunter :
Wow
2026-07-02 08:35:10
1
Charbel :
To confirm, is the 1000 deduction seperate to all other deductions? So I have my WFH deductions, then this additional 1000?
2026-07-02 09:02:48
2
Sandi :
isn't it due on the 2nd November for self lodgers this year? since the 31st is a weekend? at least that's what mine says
2026-07-05 21:52:47
1
F#cktok :
I get next to nothing back on tax whilst co workers are getting 3-6k back.. It's got me fooked.
2026-07-07 12:11:05
0
bright.1.foodie :
what is a refund? is there auch a thing?
2026-07-05 05:01:13
2
toast :
no debt is good debt
2026-07-02 21:51:08
1
Melissa Boruch :
have sent u a message
2026-07-07 02:51:43
1
Jinxtr :
I’m changing my position
2026-07-02 08:55:26
3
Mr G :
Time
2026-07-02 09:10:51
1
Ccs :
Thanks for the information ... very grateful 🫰
2026-07-03 08:32:23
1
Alauni Livet :
l beg your pardon
2026-07-02 21:42:58
0
Monsters of Metal :
Thank you for your service!
2026-07-11 22:17:29
0
Walking Dead 666 :
Australian government is scum
2026-07-02 10:31:12
1
jim :
what do you do when they owe you a lump sum payment and thry won't give it to you as per the ATO law. under FOI request, I discover an entry which says. we will remove the law so that we don't have to pay🤔
2026-07-03 06:24:15
0
Mr G :
To leave
2026-07-02 09:10:59
0
Emmanuele C :
yes but albo said we do 🤣🤣🤣🤣🤣🤣🤣
2026-07-06 19:13:31
0
˖˚✦ Alicia ✦ ˖˚ :
i have been paying more tax this last 12months. cause i panic every bloody year. so prefer a little back😂 doesnt feel like robbery as much haha
2026-07-06 05:32:53
0
lucky :
❤️❤️
2026-07-02 09:19:53
0
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