Tax Returns for Under 21s

Our team of professionals are here to help you prepare your tax return and maximise your refund, no matter what your financial position may be. Below are a few tips which can help you to decide whether you need to lodge your tax return or not.

• Did you know if you were working during the year and your income is more than $18,200, you need to lodge your tax return? However, if your income is less than $18,200 and you have tax withheld from your wages, you still need to lodge your tax return.
• Moreover, there are so many other tax rules, like tax on unearned income, being a foreign resident or being a resident for part of the year. The procedures we have in place will ensure we get the maximum refund for you and that the tax return is completed accurately
• Usually, if a person has only one job, he/she can claim the tax-free threshold. However, if you have more than one job, it is advisable to withhold more tax from one employer to minimize or avoid a tax bill at the end of the financial year. We can explain to you how having a HELP debt affects tax and how this is also influenced by other income, such as salary sacrificing.

We understand that it is incredibly stressful when you don’t know what to do when lodging a tax return for the first time, that’s why we offer students the best prices with full empathetic service and expert advice on all aspects, regardless of your age, occupation or location.

• Guaranteed Maximise Returns – as always our pledge to all our customers is to claim every possible and legitimate deduction available
• All-year advice and representation with the ATO and the reduced likelihood of penalties or audits should the ATO dispute any claims made
• Of course, preparing your tax return with a professional is a tax deduction in itself