12 Easy Ways To MAXIMISE Your Australian Tax Return in 2025

[@BryanInvest]

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[@BryanInvest]

@@Ledo5256 I understand what you're saying but if I give 'complete info' the video will be 10 hours long. I only have 10-20 minutes of time in each video so I need to pick the parts that I think would apply to most of my viewers. Then I can try to answer more specific questions in the comments.

[@galacticpepsi]

Gotta get those sponsorship codes out there somehow... ​@@BryanInvest

[@galacticpepsi]

Sorry mate that was rude of me.

[@BryanInvest]

@@galacticpepsi If I was a multi millionaire, I would make all these videos for free without ads because I truly believe all Aussies deserve to be educated on these things. However, I'm not at that level yet but still need to support my family somehow. It takes a lot of time & effort to make these videos so I hope you understand if I include a few brief monetisation segments in some (not all) of my videos 🙏💛

[@morgangriffen6331]

I already have Ubank but I've signed up for Moomoo & ING. Can confirm the links work. Thanks!👍👍

[@denno021]

Big Tax Return! This may be a really silly question - Instant Asset Write Off, I would assume that the business that the asset is being written off against needs to be bringing in more money than the value of the item being written off? For example, if someone has a Saas on the side that is bringing in modest income (with registered business name, abn etc), that person can't go out and purchase an M Mac for multiple thousands of dollars to then write it off against the Saas business (keep it simple and say that the Mac is 100% used for working on the business) unless that business is earning at least a multiple of that cost?

[@BryanInvest]

You can still claim it but only up to the amount of your revenue for the year. Eg. Your business makes 10k this year. You buy an asset for 15k. This essentially means your business made a 5K loss for the year. So you can claim 10K in year 1 then carryover the remaining 5K and claim it in year 2.

[@nataliemay415]

6:02 don't rely on the app. I downloaded a receipt 11 months ago. It's gone 😢

[@BryanInvest]

Oh no! Sorry this happened to you. How frustrating!😫

[@Bobbydazzlla]

I only got 5 minutes into the video, read some comments and knew I was in for a Big tax return. Been watching far too many of these. Cheers brother 👌

[@BryanInvest]

Cheers for the support brother! 👊

[@DawnSob]

🎉🎉

[@Mmm-y5w8o]

One small error when you wash shares you can’t buy a related equity to replace It. Other than that really good I learnt a bit

[@harctg111]

Good info!

[@CtHeIc]

Great video!! Question, if i borrow money from an investment loan or my Ppor for the purposes of investing - when am i supposed to harvest the losses/offsets incurred from interest fee’s paid on the money? Is it once i cash out completely or per financial year? Thanks!!

[@TheComicVault]

BIG TAX RETURN This is a really solid resource with a consistent tone. I’d even love to see a deep dive on more specific tax laws and possible exemptions, especially for individuals and small businesses.

[@jd3shaw]

The Captial Gains tax example is a little misleading. You pay your marginal tax rate on the capital gains, so it can't be more than 45% tax on the total gains (if you're in the top tax bracket). So tax on $200 at the top tax bracket would be $90 or $45 if you had the 50% CGT discount.

[@BryanInvest]

The 50% discount is half the capital gains. So in the example, your capital gains is $200 which you will be taxed according to your marginal tax rate. However, if you wait 12 months or longer to sell your shares, the capital gains gets discounted to $100. So you only pay tax on that. The discount has nothing to do with your tax rate. Not sure how it's misleading.

[@jd3shaw]

@@BryanInvest I'm just saying, how it is presented sounds like you are taxed the entire gains.

[@ibnshariff6795]

@@BryanInvest You're right! Instead of "little misleading" the word should've been "incorrect" as "misleading" can imply being deliberate, which is not what happened here

[@csyd22]

I messed up by ticking claim tax free threshold on all my jobs, is there a way out of this? I have got a tax bill.

[@BryanInvest]

Best to contact the ATO directly and explain what happened. Don't worry, they are quite friendly and helpful. They're not out to get you if have the right intention.

[@csyd22]

@@BryanInvest I will try thanks

[@listey]

Congratulations, you just got an interest-free loan!

[@chahmiex]

What is your opinion on Part IVA and debt recycling? What would the commercial reason to pay the loan to then redraw to invest compared to investing directly in the first place?

[@BryanInvest]

In a word: Tax savings. With debt recycling, assuming you were going to invest into something anyway, if you follow the steps correctly, it will allow you to claim the interest on the loan.

[@arielvelasquez6007]

Hi mate i had an overdue debt for my ABN for $1104 aud. I payed it. But this fiscal year I didn't use my abn it was something automatically that ATO calculated and now in this tax return i must claim that amount of money that I already pay. But i can't find the option to claim it, could you help me?

[@anoopvarghesezachariah6019]

Hi bryan: i have a question, i am a 4 days working from home and 1 day @ office. My home is my base station , can i still claim?

[@BryanInvest]

Yes, you can still claim. When you calculate, they will ask for number of hours which you can use to work out your deduction.

[@ameethraja5924]

Nice and informative!!

[@BryanInvest]

Thanks!

[@jeremylofipo8536]

What if your employer already pays for your mileage. Can it still be claimed

[@BryanInvest]

No, that would be double dipping.

[@Mmm-y5w8o]

@@BryanInvest how would the tax office ever find out

[@Biraj456]

Can I add finance of car in deduction??

[@gagandeepkaur2927]

Please upload the video how to lodge investment property tax returns

[@MyAusiMoments]

Hi How do I do my tax return with salary scarify 15900, Doing part time 3 dependent kids Hasband full time And how can I find my fringe benefits amount?

[@MikesMoneyMoves]

This was a great video. Love the effort in this one. Subbed !

[@BryanInvest]

Cheers Mike!

[@LauraJohana99]

How much can you be reimbursed if you bought an ebike of $2000 aud and a cellphone of $2000 aud as well, for work as a driver with apps , thanks Do you have a free calculator ? What happen when the the bike is in the method rent to own, ( It is better pay the whole amount before the tax return or it doesn´t matter ? )

[@torikatsudon018]

Big Tax Return FTW! Thanks Bryan. definitely appreciate your video - it is a good reminder/refresher for the most burdensome time for us working class.

[@BryanInvest]

Thanks mate! Glad it was helpful 😃

[@guiiramos26]

Hey mate, how are u? Could you help how can I do the Direct debit in Mygov?

[@JJC2611]

This video randomly landed on my feed. I’m glad it did. Subscribed!

[@BryanInvest]

Awesome! Welcome to the crazy family 😊

[@adrcdsil]

Thanks for this video!

[@InspireTruths]

Can I use negative gearing if I am working full time making 67k pa and have been buying courses, funding challenges, books for my day trading however have made a negative -$1000 this year from it. Could I include all the additional stuff I had to buy as an expense/deduction to reduce my 67k to let’s say 64k ?

[@Mmm-y5w8o]

Yep

[@andreasbringemeier3689]

Very extensive and resourceful video. Awesome job mate. Keep up the good work 👍👍

[@judylim9984]

Hi bro, need ur help pls, I was on work holiday visa part year then bridging to student visa. Am i considered resident for tax purpose since ive been in Aust for 1.5yrs? Is the entire amt earned while on work holiday n student visa combined to base my tax tier? Thank u in advance

[@sweetmarra]

Hi bryan, it’s my first time to claim. I bought work related items overseas, can I claim it even though my receipt is not AUD? And if they accepts it will I base the exchange rate on the purchase date or the current exchange rate? Thanks

[@galacticpepsi]

Yes you can claim them. Use the exchange rate on purchase date.

[@mickeblu214]

Hello, I have about 832 hours of working from home, and will have $557 in total claims using fixed rate. So is that correct to claim that even if it's over $300?

[@alexanderadewale3432]

Hey Bryan, Thank you always for the amazing videos, so educative and helpful. I need little insight from you about Self Managed Superannuation Fund. Have checked your previous videos but didn’t come across where u talk about it. Kindly please if you have any thoughts or ideas that could help; would truly appreciate it. Regards

[@alexanderadewale3432]

Also on which provider that charges lesser yearly rates.

[@arunshah9704]

Any advice for retires above 65. Is there a special account for them in superannuation, where there is no tax on the investments.

[@d.j.z.j]

Is negative gearing actually worth it

[@BryanInvest]

You shouldn't be making an investment based on the fact that you can get negative gearing. That's a recipe for disaster. However, it's a nice tax break to have if your expenses are exceeding your profits (obviously not sustainable long term).

[@d.j.z.j]

@@BryanInvest agree all those h n l packages about tax advantages aren't really accurate as it's a negative cash flow environment

[@lianglu5760]

It the most unfair system, we work our buffs off end up having to share our hardearned money to those who CHOSE not to work

[@paulmills2731]

Hi mate, I earned $48500 approximately this year paying $7700 in tax. I can't really claim anything. Do you have any idea what my approximate tax return would pay please.

[@BryanInvest]

From my quick maths, you should get around $1,471 back. You can work it out how much tax you'll pay from this calculator. Then work backwards. moneysmart.gov.au/work-and-tax/income-tax-calculator

[@paulmills2731]

@@BryanInvest thank you . Much appreciated.

[@paulmills2731]

@@BryanInvest hi mate just another question. What can I claim without having receipts. I heard I can claim up to $200 for laundry expenses without receipts , is that correct?

[@BryanInvest]

@@paulmills2731 You can claim up to $300 without a receipt!

[@ninjafruit-y9t]

Hard to find a good tax accountant I can trust! Mine doesn't seem to do a lot. Any suggestions?

[@BryanInvest]

I would suggest asking for recommendations from your friends/colleagues or just keep trying new ones until you find the one you like.

[@galacticpepsi]

Try the small businesses around not places like H & R block. We cost more but would be worth it in the long run

[@nathanlymbery9840]

Can you upload video step by step how to lodge tax when owning investment property ?

[@DawnSob]

Thanks for the video

[@MaikeleMayan]

Great content, as always! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How should I go about transferring them to Binance?

[@deadspeedv]

67c is really undervalued and I have no idea how they picked that figure for Mobile, Internet, Depreciating assets, stationary/consumables and energy costs. It never even comes close to actual cost and it really discriminatory towards people who are incapable of working out the actual cost method (I am a data analyst and even I struggle particularly with electricity since I have solar). It should be double of what it is.

[@JustAGuyWithThoughts]

It doesn't include depreciating assets, they're a separate line item stating that they should be claimed in a separate amount, and the 67c/hr is listed as running expenses: www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/working-from-home-expenses So 67c/hr is kinda meh, but much much easier than trying to work out percentage use for things like mobile/internet unless you're on a business plan or use separate devices/lines.

[@galacticpepsi]

Bro its a bit late to give tips for 2024. What about the record keeping requirements for all of these deductions. For example to claim the revised wfh rate you have to prove you were actually working from home using timesheets or a letter from your workplace which a lot of people may not have or be able to prove.

[@captain9705]

Can u make video a for an international student who is clamming his tax first time

[@sadhna1gaurav]

Excellent content!!

[@BryanInvest]

Thank you!

[@mibcd]

BIG TAX RETURN I need to get my head around Debt Recycling

[@BryanInvest]

It's a great tool when used correctly!

[@KristenMc-y1z]

You're legit my favourite Aussie Finance Channel man. Thank you for putting in the effort to make these videos for us. They are easy to understand and entertaining. I do a bit of video editing on the side so I know how long it takes and the extra effort you put in for high quality production value. Please keep making Aussie finance content! 🙏🏽 PS. BIG TAX RETURN 🥳🥳🥳

[@BryanInvest]

Wow! Thanks for much for the love. Yes, the filming itself isn't too bad but the editing takes agessss. I'm still a one man show at the point who does everything so thank you for the acknowledgement. I do spend way too long editing but I want you guys to have the best viewing experience possible! LOVE YOU ALL 💛

[@jo-annebowyer9825]

I just found your channel and really love it. Can totally see the efforts you make and appreciate it. BIG TAX RETURN Didn’t know about spouse super contributions so thank you!

[@davidadekoya3468]

Great video. Hey Brian, quick question, do you have a video on getting tax documents for Webull? If yes could you point me to it or make one. Thanks

[@pete8332]

can u do tax tips for fifo worker n wat we can claim

[@BryanInvest]

Thanks for the idea!

[@DoingDiaspora]

Great Tips Bryan thanks for sharing- so valuable especially for tax time

[@BryanInvest]

Glad it helped!

[@MarvaAlimo]

You're doing a fantastic job! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?

[@geza96]

Thanks

[@hazelchung4610]

Thanks Bryan great video as always 🎉 would you consider doing another video dedicated to the super saver scheme including the steps we need to do?

[@TheAnthonyAesthetics]

legend bro, best tips

[@romeoguitar]

I love loop holesssssss😅

[@JeffW-pt4lv]

Not much changes to last year? Good to see IAWO being extended another year. Thanks bro! (BIG TAX RETURN)

[@BryanInvest]

The tax rates are changing but other than that, you're right!

[@miastewart-rr8eu]

Very punctual video, Bryan! Just in time for me to get a big tax return ☺️☺️

[@BryanInvest]

Good luck Mia!

[@SuperTambo69]

That Debt Recycling idea is new to me

[@rajasharmarichardsamy2344]

Thanks bro

[@ghulamdastagir4122]

Big Tax Return. Thank you Bryan !

[@LiroMontoya7]

Big tax return, thank you mate and congrats for the baby may I say God bless your family

[@BryanInvest]

Thanks Liro! 💛

[@saxonsmith1475]

Enjoy ya video thanks

[@BryanInvest]

Thanks!

[@morgangriffen6331]

BIG TAX RETURN BROTHER!!!

[@BryanInvest]

🫡🫡

[@no_one7959]

Do you hane any videos for under the $18000 income.

[@EthanM-pr5ew]

I’ve been waiting for this video for a month! Your video last year was a banger so thank you for the updated version. I hope I receive a BIG TAX RETURN this year 😎

[@BryanInvest]

Haha, I hope it was worth the wait Ethan 😎

[@RileyMasonHayes-bt8vm]

Keen to know about debt recycling. Is there a way to invest in shares/etfs that don’t pay a dividend and still get the tax deduction? Also, what happens when you sell some of the shares?

[@BryanInvest]

The shares need to be income producing. Most ETFs do pay a dividend even the ones that are more growth focused. When you sell, you can replace the shares with other income producing assets if you want to continue claiming the full interest.

[@henryjr4961]

Great video! 🔥🔥

[@BryanInvest]

Thanks!

[@empoweringvitality2769]

Deduct the trip from office to home when leaving office and will work from home the next day and tote your work computer? Then the reverse trip from your home office to the office

[@chungho6525]

Hope everyone will get a Big Tax Return this year

[@BryanInvest]

🤑🤑🤑

[@Maverick55873]

Definitely hoping for a big tax return! How do you know what cover is enough to avoid the MLS? I went over the threshold this year.

[@BryanInvest]

Congrats! The easiest way is to speak to the health insurance provider to ensure it's the correct cover to avoid the MLS. Usually most of them will mention it on their website when completing a quote.

[@youtubelw7092]

I hope I get Big Tax Return! ❤

[@BryanInvest]

Good luck! 💰

[@boonchanidsrichobtham5551]

Big Tax Return 🎉🎉

[@aleonflux1138]

Big Tax Return! 😎

[@sameerazizi4014]

Brother you talk so fast can barely understand you. I have to watch this repeatedly 😂 but thanks for the info much appreciated!

[@BryanInvest]

Haha, I get this a lot. I appreciate the feedback. Will try to talk slower in the future!

[@VS-q]

Play speed can be changed in KZbin settings. I usually watch other videos at x1.25-2 speed

[@mooreover12]

I only work 2 days a week at home, Can I still claim??

[@BryanInvest]

Yes, the calculations are based on hours.

[@b_m9566]

Big Tax Returns

[@Sunitabsbsnsn62626]

My favourite video

[@RealClintCapela]

Damn, this video is actually pretty useful haha (time to get my motor vehicle expenses paid for :D)

[@walkingtofi]

Big tax return. Thanks

[@paddyf5540]

Big Tax Return!

[@taine9968]

I'm still so confused

[@benmorris4611]

HELP ME PLZ - I GOT A 12000 DOLLAR TAX BILL... LIKE WTF..?? I ALREADY PAID 36000 IN TAX... ??!?!?!

[@JasonPunani]

So if you own shares beyond 12 months, we receive a 50% tax discount..... What is the effective tax rates after 12 months? Based on total income tax or viewed seperately?

[@BryanInvest]

Your tax rate would be the same (assuming they don’t change it) but you would only pay half of the capital gains. Eg. Your profit is $1000. If you wait 12 months, you would only pay tax on $500.

[@ViethaiNguyen-d3k]

If I made an investing loss from 2 years ago investing in crypto (funds used being my income), is there a way to claim this income loss? Thanks

[@BryanInvest]

Yes, your capital losses carryover if you don't use them in the same year. However, capital losses can only offset any capital gains you have.

[@ViethaiNguyen-d3k]

@@BryanInvestthank you very much for your response!

[@bernietech19]

Very useful info for my tax return

[@6330-z3p]

Put assets in an Australian spouse name and lose everything in a few years? I rather pay the gov.

[@BryanInvest]

😟

[@ab999852]

Big tax return, here we go!

[@BryanInvest]

💵💨

[@mariceto100]

You will maximise s...t same pay same earnings every year tax go down from 8k taxed casual got back 6.5k-7k went part time same tax couple of years back got 5.5k back then 4k then 2.8k this year $1400.This country is disgrace with this taxation.Wow I forgot I should wait for Albos $350 next year😂😂

[@Paul-ss4re]

big tax return!

[@vincetan7433]

Big Tax Return

[@jw6968]

Great video, thanks again. Er, I mean, big tax return!

[@RahKatty]

I have 21k so how much will I get

[@BryanInvest]

21K income? Not sure how much you'll get back as it depends if you've been paying taxes throughout the year but you can work out how much tax will pay overall using this calculator. moneysmart.gov.au/work-and-tax/income-tax-calculator

[@RahKatty]

Thanks mate

[@HudsonFishing]

Hey Bryan. How does negative gearing work if I have a partner but the asset is under my name? I'm hoping for a BIG TAX RETURN this year 🙂

[@BryanInvest]

You just report it under your name. If the ATO requires your partner's details, they will ask for it. They may also ask your partner in their tax return about your income.

[@SoroushMobin]

Hi, I bought some Crypto currency and lost all of them due to being failed. I don't have any other Crypto or shares. Can I still claim them as a loss? Thanks

[@tashilhamo3896]

Big tax return

[@JessicaClarke-nu6de]

awesome video bryan! ❤'Big Tax Return' here I come! (hopefully!)

[@BryanInvest]

I wish you a big tax return, Jessica! 😊

[@Mattreiddy]

Cheers, mate. This video will definitely help me get a BIG TAX RETURN 😉😉

[@BryanInvest]

All the best to you, Matt! 😎

[@AyuHorlin-Smith]

Big tax return

[@brucemcfee2017]

This helped alot! Cheers - BIG TAX RETURN

[@BryanInvest]

Awesome! 🙌

[@johntyson5295]

Big tax return! 😁

[@geza96]

Big tax return!

[@TheCharlie1061]

You provide so practical and useful information but talk so fast. 😂

[@BryanInvest]

Haha thanks, I get that a lot. Trying to improve.

[@knightriderfront9136]

Thanks for the big tax return