Instant Tax Refund

We understand the strain and stress that the recent Covid-19 pandemic has caused to many, and we’d like to help! That’s why we are offering an instant refund on this year’s tax return! Our instant tax refund is exactly that! Online, easy and instant!*

All you have to do is log in to your account, check the prefill data is correct, add in your deductions then sit back and relax knowing that you could have up to $500 instantly* deposited into your account.

Any remaining balance, less our fee, will be deposited as soon as the ATO have processed your tax return.

*Instant refund may take up to 48 hours depending on your bank. T&C’s apply.

How does the Instant Refund work?

You can get an instant refund by completing an eligible Tax Return with One Click Tax. The criteria for an eligible Tax Return are as follows:

  • Has to be an Original Tax Return for the current Financial Year
  • No ATO Debt on Account (excluding HECS/HELP)
  • All declared income has been included in Prefill
  • Not a Sole Trader Tax Return
  • No Investment Properties or Capital Gains/Losses
  • No excessive deductions (an accountant will be in touch to request for documentation, if approved, you can still qualify for the instant refund!)

You can receive up to $500 in your nominated bank account within 2 business (working) days!

There are no extra fees for an instant refund.

When your Tax Refund comes into our Trust Account, we will forward the remainder into your nominated bank account, less the instant refund amount and our usual fee of $99.

In the event that your refund does not come into our Trust Account within 30 days, we will direct debit your nominated bank account in 4 fortnightly transactions. The breakdown is as follows:

Date

Administration Fee (A)

Instant Refund Repayment (B)

Total Fee

31 days from lodgment date

$25

(Instant Refund Amount + $99) / 4

A + B

45 days from lodgment date

$25

(Instant Refund Amount + $99) / 4

A + B

59 days from lodgment date

$25

(Instant Refund Amount + $99) / 4

A + B

73 days from lodgment date

$25

(Instant Refund Amount + $99) / 4

A + B

 

 

Total Fee

4 x (A+B)

If you choose to repay the remaining amount of the Instant Tax Refund, we will not charge any late fees other than the fees that have already been paid.

How long will my refund take?

Your Instant Refund will reach your account within 2 working days, depending on Bank Transfer timings. The remainder of your refund will normally take 14-21 working days for the ATO to process.

If you are not eligible for the Instant Refund, it usually takes 14-21 working days for the ATO to process your refund.

What if I put down the wrong bank details?

If you have put down the wrong bank details, please send us an email at hello@oneclicktax.com.au and we will send you the instructions to amend your bank details. We may request that you send us a copy of a bank statement that you want your refund to be deposited into.

Do note that this might cause delays in your refund, as we will have to investigate everything thoroughly before we release the refund into the nominated account. This applies to both the Instant Refund, as well as the remainder. If the Instant Refund has already been paid to the wrong bank account, we will charge any bank fees to retrieve the refund to you.

Complete your tax return in minutes