How to lodge your income tax return?

Yeliboy · July 2014

Hi guys, I'm currently on 573 and it will be my first time to lodge my income tax return this July. Anyone knows what are the steps to lodge income tax returns? Though I already visited the ATO website, I just wanna know your thoughts and experiences. Thanks

dakz · July 2014

up natin to.
first time ko din mglodge ng income tax return and want to do it online.

danyan2001us · August 2014

how is it guys with your income tax return @dakz and @yellboy?...si mrs na stuck siya dahil a document from our private insurance provider is being asked.....she still needs to solicit it from medibank so we have to wait till next week

TasBurrfoot · August 2014

You guys just need to log in the ATO website; input the numbers derived from your PAYG, your bank accounts and your medical insurance. Input any deductions if applicable then submit online.

Mabilis lang, I submitted less than 2 wks ago and last Friday I got the bill from the gov't for me to pay an additional $200++ in tax... Ehehehe!!

dhey_almighty · August 2014

@TasBurrfoot sir, paano ung mga may resibo? i mean, sabi kase nung isang nakausap ko dito, pag may binili ka at work related, pwede mo isama sa pag file ng tax un...

TasBurrfoot · August 2014

@TasBurrfoot sir, paano ung mga may resibo? i mean, sabi kase nung isang nakausap ko dito, pag may binili ka at work related, pwede mo isama sa pag file ng tax un...

i don't think basta basta ka lang maka claim - when you do your tax meron naman mga clickable links that will shed light into your questions...

Having said that, my wife did make a claim worth around $2K for her CPA studies. Ayus na rin yun, mga roughly $600 worth of tax credits yun.

dhey_almighty · August 2014

@TasBurrfoot tuwing july ang pagfile right?

matagal pa pala ako... :-)
**pero yung mga nakilala ko, kwento nila e ang lalaki daw ng mga tax refunds na nakuha nila...lalo na daw pag hinde buong taon ka nakapag work

TasBurrfoot · August 2014

@TasBurrfoot tuwing july ang pagfile right?

matagal pa pala ako... :-)
**pero yung mga nakilala ko, kwento nila e ang lalaki daw ng mga tax refunds na nakuha nila...lalo na daw pag hinde buong taon ka nakapag work

Yup, June 30 cut-off...

First $18K kasi ay free of tax so ayun if you started say sa April and assuming you earned $10K for 2 months til end June and they deducted around $3K as tax - when you file your tax return, ibabalik itong $3K na tax which was deducted from you. Reason being that your income was below the tax-free threshold.

May pambili na ng 60 inch 3D TV...

dhey_almighty · August 2014

@TasBurrfoot ahh..gets ko na...so kung start ako ng job ngayong august, by july next year e konti lang din pala tax refund ko...tsk! :-)

TasBurrfoot · August 2014

@TasBurrfoot ahh..gets ko na...so kung start ako ng job ngayong august, by july next year e konti lang din pala tax refund ko...tsk! :-)

Refund mo will be based on how accurate payroll does their monthly tax deduction...

That's it!

And if konti lang refund mo, that is a good thing since you are not paying more than what you really ought to pay the government. Diba?

JCsantos · August 2014

@TasBurrfoot ahh..gets ko na...so kung start ako ng job ngayong august, by july next year e konti lang din pala tax refund ko...tsk! :-)

If I were you I am going to get an accountant to maximize your returns

dito sa NSW 75$ lang kung taga NSW at nasa blacktown area meron akong kakilala na marerefer

dhey_almighty · August 2014

@JCsantos thanks sa idea sir....dito ako sa WA, will try to study more about tax and ask friends...next year pa naman :-)

dakz · August 2014

@danyan2001us in the end kumuha na rin ako ng accountant kasi apat ung companies ko for the yr dahil sa mga odd jobs

nxt yr for sure mag.oonline na ako kasi tinuruan din ako ng accountant kng paano mglodge online. hehe

TasBurrfoot · August 2014

@TasBurrfoot ahh..gets ko na...so kung start ako ng job ngayong august, by july next year e konti lang din pala tax refund ko...tsk! :-)
If I were you I am going to get an accountant to maximize your returns dito sa NSW 75$ lang kung taga NSW at nasa blacktown area meron akong kakilala na marerefer

Mate, I don't think we have a lot to declare as part of our deduction apart from education ni misis...

As we are without kids, without an investment property...

Basically it is just, earnings from salary, bonus and earning from bank interest ang inflow namin.

Please correct me if I may have missed out anything to claim.

TasBurrfoot · August 2014

@danyan2001us in the end kumuha na rin ako ng accountant kasi apat ung companies ko for the yr dahil sa mga odd jobs nxt yr for sure mag.oonline na ako kasi tinuruan din ako ng accountant kng paano mglodge online. hehe

@dakz - what were the deduction that was included by your accountant when you lodged your return?

danyan2001us · August 2014

@danyan2001us in the end kumuha na rin ako ng accountant kasi apat ung companies ko for the yr dahil sa mga odd jobs nxt yr for sure mag.oonline na ako kasi tinuruan din ako ng accountant kng paano mglodge online. hehe

wow congrats....galing mo bro dami mo odd jobs hehe...anyway for us, we still need to get that statement from our private insurance provider to proceed with our E-tax process.....good luck to all of us para makarefund na at makapagbonding na hehe....

JCsantos · August 2014

Mate, I don't think we have a lot to declare as part of our deduction apart from education ni misis...

As we are without kids, without an investment property...

Basically it is just, earnings from salary, bonus and earning from bank interest ang inflow namin.

Please correct me if I may have missed out anything to claim.

Post was never meant for you Tas, based on your profile and your posts I read that you are an accountant or maybe on accounting proffession and was guessing you can do all your taxation by yourself

dakz · August 2014

@TasBurrfoot it is just earnings from salary and bank interests

work uniforms are provided by the company so no additional tax refund.

TasBurrfoot · August 2014

Mate, I don't think we have a lot to declare as part of our deduction apart from education ni misis...

As we are without kids, without an investment property...

Basically it is just, earnings from salary, bonus and earning from bank interest ang inflow namin.

Please correct me if I may have missed out anything to claim.
Post was never meant for you Tas, based on your profile and your posts I read that you are an accountant or maybe on accounting proffession and was guessing you can do all your taxation by yourself

ehehehe.. ok! nope, not an accountant boss.

wife is but doesn't like taxation.

gerardds · November 2014

Hi @TasBurrfoot, or any other forumers, just want to ask your opinions...

My company here in malaysia still wants me to work even though andyan na ko
sa AU for another 6 months or so siguro...work Online. (its not that because malupit ako, wala na lang kasing programmers na natitira hehe)

Any idea if i declare this as my personal income tax in AU?
the reason that im asking is para may record na sana ako
and since may makukuha naman ako siguro sa centrelink ng benefits like family tax benefits,
it is better to give something back to the govt

Thanks

J_Oz · November 2014

@gerardds ikaw na. Haha sana ganyan din samin. Lalo na ngayon 3 lang kami dito sa Manila haha. From 6 down to 3 tas ako na next hahahaha

TasBurrfoot · November 2014

Hi @TasBurrfoot, or any other forumers, just want to ask your opinions...

My company here in malaysia still wants me to work even though andyan na ko
sa AU for another 6 months or so siguro...work Online. (its not that because malupit ako, wala na lang kasing programmers na natitira hehe)

Any idea if i declare this as my personal income tax in AU?
the reason that im asking is para may record na sana ako
and since may makukuha naman ako siguro sa centrelink ng benefits like family tax benefits,
it is better to give something back to the govt

Thanks

Suggest you get an accountant to help you on this...

All the best!

JCsantos · November 2014

Hi @TasBurrfoot, or any other forumers, just want to ask your opinions...

My company here in malaysia still wants me to work even though andyan na ko
sa AU for another 6 months or so siguro...work Online. (its not that because malupit ako, wala na lang kasing programmers na natitira hehe)

Any idea if i declare this as my personal income tax in AU?
the reason that im asking is para may record na sana ako
and since may makukuha naman ako siguro sa centrelink ng benefits like family tax benefits,
it is better to give something back to the govt

Thanks

kung ako inde ko idedeclare ... pero ako yun

gerardds · November 2014

@TasBurrfoot thanks anyway...

@JCsantos I could opt to that suggestion. its just that at some point if kukuha kami ng unit, or apply for car loan wherein they require some proof of income,
will it suffice if I can just show bank statement na credited yung salary outside AU?
Thanks

m0t0k0 · July 2017

dakz said:
@danyan2001us in the end kumuha na rin ako ng accountant kasi apat ung companies ko for the yr dahil sa mga odd jobs nxt yr for sure mag.oonline na ako kasi tinuruan din ako ng accountant kng paano mglodge online. hehe

hi @dakz just wondering since your case of many odd jobs is same as my partner's case, she basically had 1 steady casual job but about 10 or more one-time gigs / stints. does this type of situation really required an accountant when you did yours?

also, we haven't tried to lodge via ATO before, this will be our first time to try.