DIY: Tax return Australia - step by step, how to do your tax return and get even more $$$.

Tax return in Australia is very easy to do it yourself.
If you worked for one or a few employers than that video will help you how to do Tax return without paying to an accountant.
You will learn about Deductions and how to get more money using that toll.
Bio:
Hi guys,
we are Monika and Edgar.
Polish and Mexican, living on the Gold Coast.
I teach English, especially, prepare students for IELTS certificate.
*Enrol in free first class*:
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We have our travel blog about sustainable travelling and living:
www.hopkiwi.com
We run a magazine as well so if you are into sustainability, check this out: NoWhere Else
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If you need more info check here:
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[@amanmokawat9310]

If you do not have Medicare benefits, you should've checked yes when it asked you if you are a Medicare exemption.

[@bhutanesian]

That was what I was about to comment on

[@doc-holiday]

you are correct but in there example since they are under 25k they dont pay anything. Its already built into the calculator if you pick yes or no.

[@Mel-xy3lh]

Hi Monika, which visa did you hold when you claim your tax?

[@reloadedbhuwan]

Your video is helpful but one big mistake you are doing is selecting NO for 'medicare levy exemption' as you said you do not have medicare, you fall in one of those categories that are eligible for exemption. If you select NO in exemption, ATO takes away 2% of your taxable income as medicare levy which must be paid by those who use medicare facilities only. If you do not qualify for medicare then you can get that 2% back in returns. If you do not qualify for medicare select YES in 'medicare levy exemption' and put 365 in Full 2% exemption and 0 in Half 2% exemption. I think rest you are doing is all good.

[@HopKiwiTravel]

Hi, i do my tax with my husband and he does Medicare levy for both of us, it’s a bit more complicated as i run my own company. Anyhow we do know about levy and we get that back so all good 😉

[@QiuQiu2NE1]

@@HopKiwiTravel First of, Great video, it helps me lodge my first tax return in Aus, however I would appreciate adding note somewhere on the screen regarding this matter (medicare levy exemption), as I only read comment right after I lodge mine, it could've saved me a couple more bucks, if I made aware in the video (and if I read through everything, which I didnt :D)

[@QiuQiu2NE1]

Thanks for pointing it out, I missed that part, do you think I can request an amendment later?

[@cataestacio]

Do I write 365 or just the number of days I was in Australia during the financial year?

[@luisxy393]

You really don't care about anyone seeing your personal details :D, but great video. I got through it now, thanks!

[@HopKiwiTravel]

I don't have nothing to hide 😂 and I'm not a milliner afraid of kidnapping. 😅 Hope video helped.

[@afradhahamed5181]

Thank You

[@stefylinluntungan5241]

Thank you so much! i just follow ur steps

[@adrianaarango3747]

Hey Monika, your video was so useful. I’m student now in Australia and you helped me to keep some money cuz I did by myself. God bless you 💕💕 thank you so much

[@isakkhan303]

Hi how are you how to do ABN please make another video

[@xro0xiix]

In the step 3… last box said you are claiming tax offsets, adjustments or a credit for early payment mine is working holiday marker net income checked it’s that okay? My visa is work and holiday

[@xro0xiix]

I should click yes if i do have a spouse at the first part? Im in a relationship between 1 july 2020 and 30 june 2021

[@dhavaldesai1767]

Hi i worked ampol as console operator and worked with uber eats as well how to prepare and fill box while doing in lodge tax

[@rebeccagatambiye1625]

Thank you so much, this helped massively .

[@jayloving2005]

Howmuch can i claim deduction minimum without receipt $300 or $500, thanks

[@HopKiwiTravel]

$500

[@jayloving2005]

@@HopKiwiTravel Thanks howmuch can I claim deduction without receipt for Process worker?

[@HopKiwiTravel]

@@jayloving2005 occupation does not matter, it's $300. It used to be 500, 4 years ago.

[@RN_Mehrdad]

That's a lot

[@buggylol1783]

Thank you so much . This is very helpful 🙏🙏🙏🙏🙏🙏

[@AverageSoldierMain]

I’m 13 years old and watching this. Idk why 🤷‍♂️

[@AWXP]

thankyou, you are amazing

[@piercemackenzie8382]

helpful video thanks, but everyone should read the information to avoid any accidental wrong doing as both public transport (from your home to work) and uniform (none specific eg plain black pants) are NOT tax deductible. these deductions can only be made if you are traveling from workplace to workplace or if its uniform specific like checkered chef pants or chef hat. but overall very helpful video thanks guys.

[@Pchinaza410]

Can i be using central link and ATO at once? İs that gonna work to receive founds from the two, centralink and ATO

[@nathalysepulveda8885]

Hi, what happens if I work with TFN and ABN? . How I add the invoice for ABN?

[@nid1382]

Thank you so much for your helpful video

[@anniemarielilly2052]

Hello, is this for partnership as well... What is the tax income for a shared income?

[@HopKiwiTravel]

that's a good question to ask your accountant. I do not want to provide misleading info.

[@anniemarielilly2052]

@@HopKiwiTravel I don't have an accountant. I prefer to do it myself.

[@nirushrestha7458]

Thank you 😊

[@HopKiwiTravel]

no worries. Hope it helped :)

[@sebconadis5026]

You should of definitely blacked out your address, mobile number, and bank account I would trust anyone on the internet with that Information.

[@marinamuniz7320]

Thank you so much for your helpful video. Just be careful next time with sharing your personal information. Unfortunately, there are crazy people on the internet.

[@MJ-lr5nr]

100% agreed, I was going to mention the same. She can also edit the video and "cut/blank screen" the section where she shared her info, youtube allows this on "Video edit" now.

[@maunamnguyen2440]

Hi, I hope you guys are well. May I ask what is the deduction's section for? Can we claim the money from mykie back? Thank you

[@cruisindownthestreetinmy6490]

If you travel to/from work every day, that would count as a work expense. If your method of transportation is through Public Transport, you can claim the total amount you spend every month on your Mykie.

[@baby001000]

Travelling to and from work is not deductible

[@kashifrana6798]

The interest we earned from bank saving account will be shown automatically in account or we need to manually enter?

[@diakorudd7268]

I would blur my address too if I were you

[@raminvlog]

Hello can i ask something? How much minimum we can clam our tax?

[@jaketorrens3778]

Next time make the video quicker

[@EvoDreams8]

Hide ur TFN at least please

[@VizeoTheraby]

HIDE YOURE INFO 😖