Tax return?

Question

Does anyone know the rate of tax return when your a individual and temporary resident? would i claim all may tax? my total gross income is around $18,000 to $19,000.my tax is around $5,500 i just started working last January because i just got here in Australia last December. any accountants or anyone who know's this please help me out......thanks...

Answer 1

from experience you will not get an answer for free here, you will have to see a tax agent and have your tax return for you.

Answer 2

the information about yourself is quite limited to produce the tax implication in regard to your situation.

Before determine what is your tax rate, it is important to work out whether you are an Australian resident for tax purposes.

If you are an individual, holding a temporary resident visa, staying in Australia more than 6 months, working in the same place and live in one place, and you intend to take up Australian Residency in the future and live in Australia permanently, YES...you are an Australian resident for tax purposes

(in case, some of these above requirement do not meet, you can assume as they do. According to your situation I think it is  possible to get you in of the Australian resident for tax purposes)

If you are considered an Australian resident for tax purposes, your tax return would be...

assessable income = $19,000

Deduction = nil (yes, if applicable)

Total taxable income = $19,000

Tax on this income = ($19,000 - $6,000)*.15 = $1,950

because your taxable income is less than $30,001, you are entitled to low income tax offset of $750

Total withheld = $5,500

Estimated tax refund = $5,500 + $750 - $1,950 = $4,300.

(disregard medicare levy and related claim as more information is required).

So, to answer your question based on the information given, u cant claim all your tax withholding. the minimum u can claim is the amount of $4,300.

Hope this answer help.

Answer 3

You can ring them as very helpful and you do not have to wait on the phone for ages. They will be able to help with your questions direct.

Answer 4

I'd recommend you find a Tax Specialist like H&R Block.  They will charge a fee but it's worth it if you are owed money.