End of Financial Year (EOFY)

TasBurrfoot

Guys, kumusta ang pag lodge ng tax natin?

I just got my refund 10 calender days after lodging, unbelievable!!

@TasBurrfoot, ang bilis ah!
Ginawa mo din ba yung mag advice and tips dito na magfile ng exemption certificate, compile all work related receipts? Then 70% nga yung marerefund pag less than a year pa lang nagwwork sa OZ? Tama po ba?

COngrats again

I got a full refund as my income for the FY was still in the tax exempt bracket...

No, I did not utilize the tips here... Not yet or not applicable for me.

nice nman. full refund pala makukuha pag hindi pa whole financial year ang nifile for refund
ayos

No, there are corresponding tax brackets... As mentioned above yung total income ko last FY did not go over the tax free bracket.

TasBurrfoot

Guys, kumusta ang pag lodge ng tax natin?

I just got my refund 10 calender days after lodging, unbelievable!!

@TasBurrfoot, ang bilis ah!
Ginawa mo din ba yung mag advice and tips dito na magfile ng exemption certificate, compile all work related receipts? Then 70% nga yung marerefund pag less than a year pa lang nagwwork sa OZ? Tama po ba?

COngrats again

I got a full refund as my income for the FY was still in the tax exempt bracket...

No, I did not utilize the tips here... Not yet or not applicable for me.

nice nman. full refund pala makukuha pag hindi pa whole financial year ang nifile for refund
ayos

No, there are corresponding tax brackets... As mentioned above yung total income ko last FY did not go over the tax free bracket.

Meaning, even if you worked for 1 month lang but say hypothetically you are earning 30K per month, so magbabayad ka ng tax for that...

It doesn't mean immediately that if worked for x number of months, meron ka 70% tax and so on... It all boils down to your total income for the FY.

peach17

ahh got it @TasBurrfoot malinaw na hehe thank you sa explanation

Nadine

Nag file na ako last week! Salamat po sa mga input niyo madlang pipol!

And like all the suggestions nabasa ko, nag accountant talaga ako. Na tama lang tingin ko, kasi pati laundry na-claim ko pa. Hindi ko alam yun kung ako lang, hahaha! Happiness kasi parang 1 month sweldo na rin, sayang din kung hindi maayos ang pagfile.

P.S. @nfronda, tama sis sabi mo dapat talaga dala-dala ang medicare exemption, dire-diretso yung pag-file ng tax. Salamat po ulit.

stolich18

question lang, pde na ba agad magfile after 1 month of work pa lang? akala ko kase dapat lagi sa eofy ang pagfile. so ung july 2013 na work ko parang akala ko dapat mga june-july 2014 pa.. heheh

glaiza1210

@stolich18 kelan ka ba nagstart magwork? Kung nagwork ka between July 2012 to June 2013. Pde mo na ifile. But for this financial year July 2013 to June 2014, next year mo pa pdeng ifile.

TasBurrfoot

question lang, pde na ba agad magfile after 1 month of work pa lang? akala ko kase dapat lagi sa eofy ang pagfile. so ung july 2013 na work ko parang akala ko dapat mga june-july 2014 pa.. heheh

July 2013 is outside the FY that ended in June 30 2013 - next yr ka na magfile for incomes received from July 1 2013 til June 30 2014.

Hope this helps

stolich18

ahh ok cge tama pala intindi ko. July 2013 ako nagstart ng work. salamat sa mga mabilis na sagot.