In line with our mission to make tax easy we have some exciting news! Introducing our MAX MY REFUND tool! Exclusive to One Click Tax clients you can now link your bank account and search for those hidden deductions to maximise your refund! We have agreements with all the big banks and none of your data is ever stored. If you bank … Read more Maximise your refund!
Scotty from marketing has inspired us to create Taxseeker! Every week till the 31 August 2020 we will boost one person’s refund by $550! All you need to do is lodge your tax return before 31 August 2020 with One Click Tax! It’s that simple. See full T&C’s. Start your tax return now! On a … Read more OneClick Taxseeker!
One of the most common questions faced by our accountants last tax season was “Where is my refund?” We thought it would be helpful to explain and give a simple explanation on our refund process, as well as provide the estimated timings. The first step is when you lodge your tax return on our system. … Read more Where is my refund?
We have listed down some of the tips for you, if you came to Australia with a Working Holiday Visa subclass 417 or 462. Check your visa status To check your visa status visit: https://immi.homeaffairs.gov.au/visas/already-have-a-visa/check-visa-details-and-conditions/check-conditions-online Important Dates The Australian Financial Year starts on 1st July and ends on 30th June in the following year. Applying … Read more Backpacker Tax Return
The tax-free threshold for this year is $18,200. This means that if your total income is less than the threshold, you do not have to pay any income tax to the Australian Taxation Office (ATO) this year. Do I need to lodge tax return? If your income is under $18,200 Yes, you are still required … Read more Tax Free Threshold
Tax Table 2020 These are the current (tentative) Tax Tables for the 2019-2020 Tax Year. (Tentative) Tax Resident Tax Rates 2019-2020 This rate is only applying to individuals who are Australian residents for tax purposes*. Taxable Income Tax on this income 0-$18,200 Nil $18,201- $37,000 19c for each $1 over $18,200 $37,001- $90,000 $3,572 plus … Read more Tax table 2020
There might be some confusion on which method is better for a home office claim. The new COVID-19 shortcut method might seem that it helps you save more than the usual method, but does it really? We will look at this case study to find out. Case Study Jim is an office administrator who was … Read more Home office case study – Which method should I use?
Step 1: Head to https://secure.oneclicktax.com.au/register where you will see the following page: Fill in your details and click on “Create Your Account” Step 2: You will then receive a SMS to your Mobile Number, to input in the next page.You will also create your password on this page. Once done, click on “Complete Registration”. Step … Read more How do I Register?
Maximising your 2020 Covid-19 tax return During these uncertain times, we understand that this year’s tax return needs to be quick, seamless and generate you the biggest bang for your buck. Tax time is just around the corner, so we thought we would provide you with a quick update before OneClickTax.com.au goes live on the 2nd of July. We … Read more Tax Time Updates
From now on, every client will need to verify your photo ID either with your driver license, passport or student ID. This is due to new regulations from the Australian Taxation Office (ATO), to have proof that we are acting on your behalf, and for the privacy and security purposes as follows: ATO Regulations: For … Read more Why do I need to verify my identification document (ID)
Working from home: The ATO has introduced a straight-forward shortcut method to calculate Home Office Expense during the period from 1 March to 30 June 2020. Using this shortcut, you can claim 80 cents per hour for all relevant running expenses incurred when working from home. It is important to note that if you choose … Read more What are the new tax rules due to COVID-19