How to Lodge Tax Return in Australia Yourself (2024) | Step by Step Guide | Tax Refund 2024

Contact us on - www.kvst.com.au/contact
WATCH THIS TO KNOW HOW TO INVEST YOUR TAX RETURN - • How to Invest in Stock...
This video is about how you can file your tax return in Australia all by yourself.
This is a step by step guide to filing your tax return.
I’ll be showing you how to link your MyGov account with your ATO (Australian Taxation Office) and then show you how to lodge/file your tax return and also how you can claim deductions from your taxes.
Claiming these deductions can ensure you get the maximum possible tax refund.
Doing this is very easy, you don’t need an accountant or agent to do this for you and can be done in minutes all by yourself.
Link - Link ATO to your MyGov Account
• How to create a myGov ...

[@CanDBawa]

Contact us on: www.kvst.com.au/contact Website: www.kvst.com.au Instagram: can.d_yt Subscribe and don’t miss out on the future videos.

[@Lebsta]

Hi Mate, how do I do abn and tfn in the same year thanks

[@lovelykamboj2234]

Yes

[@UnknownHenwy]

The only youtuber who clearly and concisely explained it step by step as the title says. Thank you

[@RushiLadani1995]

Thanks so much for this video!! It's well made and to the point.

[@thechip2727]

thanks for making this start to finish, it really helps x

[@irsaali9272]

Thanks mate for answering every question i had in my mind. Legend.

[@shreysoni1872]

Thank for making this video, Which is concise and to the point and I was able to file my tax returns by following your instructions😊🙏

[@dharmeshshah6896]

Your Video is really simple for any common man to understand with step by step for each section. Thanks Bro.

[@CanDBawa]

I’m glad you found it helpful. :)

[@bossachilles850]

You need to keep a roster/diary when claiming the 0.8$ wfh as people love to report that they work 39.5h wfh but in fact were working in the offices for half this time. The ATO will audit this as they are aware of people pulling dodgies. Same goes for travel expenses. Log books are required. Especially if you are claiming for travel expenses (during a pandemic) + wfh. Helpful video! Thanks!

[@pbihollywood1728]

Dude just subscribed. You’ve done it mate. It’s easy to work with these tax pages now. Thanks for it. Been struggling to get a decent video on this

[@CanDBawa]

Glad it helped!

[@clarizzajenerebong2487]

This video is BRILLIANT and so HELPFUL! You made the concept so easy to understand! Thanks!

[@ayushisingh1366]

Very helpful, Thank you for sharing!

[@iot3136]

Thank you very much 🙏 ❤️. Blessing for your kind heart and wishing you more success in your path!

[@CanDBawa]

Thank you so much.

[@leaskywalker5300]

Thank you so much for making this video! :)

[@jasskmow]

Thank you so much brother to make it simple for us. Please upload a video how to lodge uber GST by ourselves and BAS statements. Thank you. Keep up good work bro

[@eleenaeli6671]

Thank you so much ! I just needed this 😍

[@CanDBawa]

You’re welcome :)

[@AmazingVideos-wk6kz]

Nice work. Thank you for explaining

[@kuenzangdechen1931]

very helpful.. you gained a subscriber today. Highly recommended to Newbies like me who are lodging tax return for the first time...

[@CanDBawa]

🙏🏻 Thank you

[@snezhanafiuortt9859]

thank you so much! it was very helpful

[@richardallen1555]

this is great. if the ato site is ever online when i am loooking it will be so easy

[@blakesettle1352]

Super helpful, thanks mate

[@BevanSchubert]

Thank you. I took notes the whole way through

[@garrycollins235]

this is a very helpful content for me i can't lie

[@jaydenralston]

I just wanna thank you for this video… I wanna do Menulog but when I found out I’d have to manually do my own taxes the thought scared the crap out of me.. but if all I gotta do is report the total earned then I think I will be right

[@vs2775]

Good information is shared for any beginner. Do you have an idea how to claim the zone tax offset? Let's say I live in Zone A (remote area). Can you put a video on this as well? Appreciate.

[@indirathakur]

Keep shining boy 👍

[@deconstructedbyrishabh6415]

You are one of those few creators who upload really helpful and genuine content. Thankyou bro❤️🙏. So much more power to you🔥🔥🔥

[@CanDBawa]

Thanks a ton brother. These words mean a lot.

[@babrae]

Do I need to get approval of mes form first or I can still say yes even if I do not have MES form ? Can you clear this out

[@CanDBawa]

You can say yes ans get the approval letter if they ask for it

[@babrae]

@@CanDBawa Thankyou

[@babrae]

@@CanDBawa Hi just one question more can we claim fuel if we work on tax. Mosty I tried to search for it everyone say we cannot claim. We can only claim if went for second job from the workplace

[@billyxiong2320]

Thank you sir!

[@Batman-py2dy]

Thanks for the useful video. Do you know how to lodge a tax return of a family trust online?

[@mrmwezez5116]

Awesome 👍🏾

[@halcyon2889]

Hello. it's been quite a long time since you uploaded a new video.I was wondering how are you doing? I don't know whether you'll reply to this or but I wanted to know your views on choosing a regional area vs Melbourne in Australia while studying. I'll probably do a course in health care field. I've heard that it is not too hard to get pr in medical field. I wanna live in Melbourne but worried about living expenses of this place.I wanted to know whether Melbourne is actually really expensive compared to others cities like Adelaide etc. or not.

[@CanDBawa]

Hey, The benefit of choosing a regional area to study is that you get 5 more points towards your PR. Right now it is not tough to get a PR in the medical field but things can change. I suggest you come to Melbourne as there are much more opportunities here as compared to regional areas. Melbourne is not very expensive and you can find something for every budget.

[@designking5083]

I got 4K this year. Thanks so much

[@nelslsnels7286]

Informative video, thanks! In the event you have to pay money back to the tax office, will you be able to retrieve the PRN (payment reference number) in the system so you can pay your tax bill online, or can you pay with your bank card when you submit the online tax return? Also, generally how quickly is the PRN issued and how many days have you got until you have to pay the tax bill?

[@hayleydubois5108]

have you tried cash hack program a friend of mine referred me to cash hack program i invested and i got my money back in a matter of hours

[@awaismushtaq5975]

fyi you can pay tax bill in installments as well by creating a plan online

[@MaySapdo45]

Thanks very informative

[@qareemknight8074]

THANK YOU!!

[@harshkhetan7596]

Great video, simple to follow and understand. Just regarding the Medicare Statement, do we need to get it prior to lodging the tax return or is it okay if we get it later if needed? Also, do we need to input our private insurance cover in there?

[@CanDBawa]

Most people I know never get it. It is advised that you get it before lodging but I haven’t seen anyone do that. If you are not eligible for Medicare, then there is no need to input your private insurance details.

[@janespindy]

nice vdo very informative

[@Curly567]

Lovely I would do it today

[@jyotinshivampeta5480]

Great video 👍

[@CanDBawa]

I’m glad you liked it. :)

[@AJITKANDALE]

Nice video. Just a quick question. I own a house and pay repayments and rates. But my wife runs a small home based salon in a dedicated room in the house. Can she claim the mortgage interest and portion of rates paid in her tax return? I am the sole title holder and she is the sole proprietor of the business. Thanks

[@bimalpreetkaur8410]

Hi, awesome advise. Thanks heaps. Where should I check limits for refund ?

[@CanDBawa]

What do you mean by limits?

[@sarahjane4552]

Wish this helped with how to log centrelink pensions, otherwise it's a helpful video

[@krysianjoylosbanes5492]

hello, good video. may I ask about the deductions can I do deductions as well if I use public transport going to my work place? thanks

[@CanDBawa]

Hey, unfortunately travelling to your workplace can’t be claimed even it’s by a car.

[@sazzadrezanayem678]

thank you so much bro

[@lopezzliily4496]

Hello friends, I have been following you for a while and am very interested in your work

[@thinkhelpservice]

thanks for the walk-through - going to be having a go at it this year - i'm paying +$200 for spending 15-20 min while the H&R person is doing nothing more than entering my basic information and I just don't see the value

[@The.Creator.Tyler.]

Can’t you claim this cost off your tax?

[@ManjotSingh-go7bu]

Thnx Bro how does CGT data updated into mygov ato portal

[@emudshit]

why put under registration make and model as an example you put travel between workplaces? should that be in a different area

[@Lin9022]

What's happened if my private healt insurance section error? What should i write there?

[@dmartini70]

Hi man, love this video! Do you what I need to do if I’m working freelance in AUS for a UK company, do I just pay AUS tax?

[@CanDBawa]

I think if the income is earned while living in Australia, you have to declare it and pay the relevant tax.

[@DevOps-Cloud]

how much was the covid WFH (80 cents in video) in this financial year?

[@stevenchandra9927]

Any guide tax return ubereats? Im stuck to fill it

[@jatendersinghsandhu3729]

Thanks for helpful information. One question, suppose I fill all the information and check how much ato will pay, but don’t want to click on final submit button and wanted some Tax agent to file my return . Is that possible?

[@nimanafisi17]

Yes mate it is!

[@ashmitawalia3203]

Hey! This was super helpful. How can we claim a deduction for buying a car?

[@CanDBawa]

I don’t think so you can claim a deduction for buying a car unless it is for your business. You can find detailed information on ATO’s website.

[@prothean]

@@CanDBawa my friend was able to last year they don't have they're own business

[@thingstoknowinlife.1112]

Can you do a video about tax return for uber eat?

[@tariqmuhammad8027]

No doubt it's a quick, DIY Tax and a lot more. The taxation process elaborated very well and warned of bad practices where ATO can charge you a certain amount of penalties and fines. This video is a super tax video as do your tax yourself but if you still remain confused and need a professional tax company support with Tax Return Accountant help to lodge your individual tax return, business tax return, or sole trader tax return, do follow The Kalculators in Adelaide, South Australia for instant tax matters support. The Kalculators Tax Return Services are cheap and affordable with maximum entitlement you can claim and maximize your tax refunds - Thanks for reading and thumbs up to the video artist for such a knowledgeable video.

[@AgustinSante]

I’ve submit my tax return, and choose by miss click a different home country… is this bad? How I can fix it? Or should I wait until they reach me out. Thanks.

[@evangelinelovesyou]

thanks :)

[@siskameilanda3230]

Hello, thanks for the informative video! One question, if we want to claim the Medicare levy exemption, can I just tick Yes on the lodgement process or should I wait for the MES? Actually I’m currently requesting the MES but it says still under process after weeks, and I’ll be leaving Australia very soon? Do you have any opinion about this? Thank you! 🙏🏻

[@CanDBawa]

From my experience, you can do it without the MES. I know people who have never applied for the MES.

[@HandsomeNamed]

Very informative, thank you 🙏 I am starting a small business from home and have been using some of my spouse income to buy equipment. We would like to claim GST from the new bought equipment, should I claim Tas return as married couple? Thanks

[@CanDBawa]

I think you’ll be better off contacting a tax agent! They can help you maximise your return

[@hayleydubois5108]

have you tried cash hack program a friend of mine referred me to cash hack program i invested and i got my money back in a matter of hours

[@Apolly0]

Just did my lodge and the estimate sucked looked up how to do it better for next time and now I see there’s deductions I could of claimed but never have, really love that for me

[@CanDBawa]

You can still amend your return and claim the deductions

[@Pchinaza410]

Can i get central link and ATO in one account with one info

[@helbertvalencia5690]

Thank you so much for your information Sir, I’m wondering how is the process if I have worked by ABN. Is it something else that I need to do?

[@CanDBawa]

It’s pretty much the same you just have to declare your income earned on ABN and also have your abn linked to your tax return

[@helbertvalencia5690]

@@CanDBawa Thank you so much for your help

[@hayleydubois5108]

have you tried cash hack program a friend of mine referred me to cash hack program i invested and i got my money back in a matter of hours

[@grsamut]

Hi I found paid leave amount as income in my income statement which made my income very big.actually I did not get that paid leave amount.could you tell me what should I do

[@lukekerr6871]

thank you

[@MrRiune]

Thanks mate for this great vid! I'm just wondering, coz I started my part time work last April (as an international student), so when should I lodge this tax return? Thanks in advance

[@CanDBawa]

Hey, you can lodge it starting from the 1st of July. I recommend 2nd week of July (this gives your employer to update income statements etc)

[@BoogsieClarke]

I acquired a laptop necessary for work purposes. Could you please advise on the process for claiming this expense via MYGOV? There appears to be a lack of accessible information for the general public regarding the procedure for claiming work-related expenses, unless one operates a business, in which case there is guidance available. Could you kindly provide instructions on how to upload receipt proof of purchase to facilitate claiming work-related expenses as an employee?

[@roshannausad8178]

OMG thank you so much bhai!!! so helpful!

[@smithramtel4214]

Tax return will show my actual income in my bank or not if I work hand cash please reply

[@DaljeetSingh-yk8zl]

Hi In medicare section if I choose yes on (MLS) section it asks for insurance details and if i choose No then it says it says you may have to pay medicare levy surcharge Then there is option saying Number of days you do not have to pay surcharge

[@CanDBawa]

Before that section there should be 3 categories listed, if you are an international student or temporary resident then you fall in category 3. I.e you do not have to pay Medicare levy or surcharge. Below you can choose no to MLS and 365 in the days for full exemption. Below it will say that do you have Medicare exemption statement, just say yes.

[@user-kl4wg1ji1r]

if i withdraw money from coinspot how can I show it on my tax returns ?

[@razwanuddinliton9275]

Brother I want to know something! That’s which regional area is good for international students and making money for paying tuition fees!

[@CanDBawa]

Perth, Adelaide, Gold Coast, Cairns

[@lastgod1851]

What should I do as a international student I need to go through all of this process and for students can you provide some specific answers ❤Thank you

[@sabinpaudel1123]

Bro i have a question, I used my motorbike to travel between work, can i put that deduction in work related car expenses? as i cannot see any option for motorbike and also I paid $300 for my agent last year for tax refund purpose so in which section should i put my deductions for that? pls reply.

[@CanDBawa]

From what I know, you can’t claim motorcycle expenses. But do check ATO’s website for the details. And you can put the 300$ under others if there is no section for it.

[@divyamehta5517]

Hi, Thanks for the video. Just a quick question, from July 2022 till Dec 2022 I didn't have Medicare but got an invitation to apply PR in Jan 2023 and got Medicare too. How will I add days in the Medicare section? For full is that going to be 0 and then for half is that going to be those days when I didn't have Medicare? Please help.

[@CanDBawa]

Nothing for half exemption. The number of days you didn’t have Medicare will go into the full exemption section. E.g. 3 months without Medicare, you should put 90 days under full exemption.

[@shreyaagrawal4958]

I have two questions: - Can I claim a police clearance check I had to obtain for my employment? - Is there any way I can keep recording expenses throughout the year as they happen instead of doing it all in one go during the refund period?

[@CanDBawa]

Hey, unfortunately you can’t claim the police check fees in your tax return. The ATO app has an option to track all your deductions throughout the financial year. You can log your car’s kms too.

[@mohamedrifkey1826]

Hi for how much of tax paid and income u received that 3.4k aud

[@MANDEEPSINGH-fe7wh]

Why did not you showed the health insurance section how to do that

[@nitashantos2149]

Is seasonal worker able to claim the tax?

[@tabak.dodiya0076]

Hey man this video helps alot, i mean LITERALLY. Just one question that i have is when you go out of Australia for 40 days for holidays, does it needs to come out from 365 days for medicare levy exemption calculation or is still would be the same as 365 days ? 🤔

[@CanDBawa]

It will still be 365

[@tabak.dodiya0076]

@@CanDBawa awesome. Really appreciate that. Thanks again for the video and for answering my question. I saw couple of videos and yours was the simplest and easiest to understand. Great job 👏

[@cosmiclyrics2307]

Hey man thanks for the video. I just wanted to ask, and this might sound quite silly but do I have to like give deductions and stuff if my income in the FY is less than 18k AUD? Or will I get the entire taxed amount returned to me for just providing all my documents since I'm below the threshold.

[@CanDBawa]

If you are below the threshold, you’ll get all your tax back.

[@MengruiWang]

Hi I Have a question, I need to amend my tax, somehow I put my rent in the deduction.. and didn’t choose the Medicar stuff. So now I need to amend. I noticed you also amended, you waited until you got the original refund or after you amend you just submit? Thank you!

[@CanDBawa]

It’s totally upto you. You can either wait to receive the refund and then amend or amend it straight away! It normally will increase the time by a week for your tax return to be processed.

[@MengruiWang]

@@CanDBawa Thank you a lot! I just submitted my amendment. But it shows I need to pay the difference..I’m confused, I didn’t get the refund yet. I don’t think I should pay..do you know this situation? Or I just wait until it gets updated.. thank you

[@CanDBawa]

Hey! They might have already initiated a transfer. If that’s the case, then wait to get the money back and then pay the required amount back. Otherwise they will update it and pay you the balance themselves.

[@ketang6928]

hi! If I haven't get paid for a full financial year(only 3 months), do I need to lodge a tax return? Thanks!

[@CanDBawa]

Yes you do! But most probably you’ll get all your tax back if your income hasn’t exceeded 19000$

[@Lov3_97]

Can you please tell me how to lodge tax with zero income

[@SwathiGuguloth-xu8ov]

Can’t we mention about private health insurance

[@nimanafisi17]

Hey mate just a quick question: how come you qualify for medicare levy exemption? Aren't you a Australian resident for tax purposes since you have been in Australia throughout the financial year?

[@CanDBawa]

Hey bud, You fall in category 3, i.e ‘not eligible for Medicare’ . If you fall in this category , you can claim the exemption as well.

[@nimanafisi17]

@@CanDBawa Oh that makes sense mate cheers And you also said if we have had an income for which we didn't pay tax (e.g. Uber eats & Deliveroo or working from Australia for a company located overseas) we have to included in our tax return, but which section do we include these incomes in?

[@CanDBawa]

There should be an option to check under section 3: Personalise return. It provides you with various tick boxes and one of those should say foreign employment income. And there should also be an option to add any other income which was not listed above.

[@dineshlamichhane9156]

I have heard that upto $900 for the protective clothes we do not have to keep the record of expenses. is it correct?

[@CanDBawa]

I think It’s $300. A simple google search should able to help you.

[@hakai1488]

To link my gov to ATO I have to share 2 secrets with them. Only problem is the way to access those secrets is by linking my gov to ATO. So I can't find the two secrets I need to link them together, BECAUSE I CAN'T LINK THEM TOGETHER. Sickening stuff.

[@jonno5562]

Hey I’m 16 and trying to access ato but everytime I press the link to access the Ato it always says error has occurred and can’t go further. Please help

[@ubentu-xy4oh]

Call the ato office, it might take 30 to 40 m but they will send you a linking code

[@Frhhh09]

It will say error because maybe u login with using id and password. Do the login using mygov id option in the last.

[@nanethpono9748]

Hi There, I got another question, can you claim bus fare? I don’t have my own vehicle and I only use public transpo. Can I claim it on my tax refund? I would highly appreciate your response!

[@CanDBawa]

No you cannot claim any travel(car or bus) to your workplace from your place of residence.

[@forhadahmed456]

Thanks for the video. When do we deduct income threshold amount? (18,200)

[@CanDBawa]

That’s automatically deducted. You don’t have to do anything.

[@muzzyi]

@@CanDBawa i think he's referring to when you said "I can only claim $300 since I don't have the receipts", limits of how much you can claim without receipts", I think that's what he meant.

[@hans22044]

Hi mate, we have a dependent child. do husband and wife both have to put 1 child as dependent during both's individual tax return.

[@CanDBawa]

Hey buddy, Yes you both can put 1 child as dependent.

[@padamsinghrajpurohit1916]

how to apply for medical levy exemption certificate....

[@MHCE444]

bro, my estimate was lower that what I got whats the reason,

[@mohj6042]

My question is say you sell a property or get interest from a savings account, how and when do you pay taxes for that income? Do you pay before or after you file a return?

[@CanDBawa]

After

[@fruitman5629]

do i need to wait until july 1st to be able to have access to the 'prepare' section in the not lodged tab?

[@CanDBawa]

Yes

[@srenghangly426]

Hey man, mine has this message on the Medicare levy exemption section "You must get a new Medicare entitlement statement (MES) each year. Wait to receive your MES before lodging your tax return". I didn't have to apply for MES last financial year, I wonder if I have to do it for this year.

[@CanDBawa]

No need. You can claim it won’t be an issue.

[@CanDBawa]

But you’ll need it if they ask for it

[@srenghangly426]

Great! Appreciate it man!

[@Stoicpathway]

hey man i was just wondering can i still do this if i quit my job a month ago and the time has come to lodge a tax return?

[@CanDBawa]

Hey, Absolutely! Even if you worked for 2 months that year, all the steps will still be the same.

[@14rainbowz]

Hi I’m confused at the Medicare and private insurance part.. It’s asking about Full 2% levy exemption and half 2% I don’t know what to write

[@CanDBawa]

If you don’t have a medicare card then you are eligible for full 2% expemption.

[@asaaus8237]

Hi, is it possible to do the tax return by myself on myGov when there’s an investment property involved?

[@CanDBawa]

Absolutely, if you know the numbers!

[@asaaus8237]

@@CanDBawa thanks for your reply. So I’ve got all the receipts and invoices for expenses. Is there an area that I can attach them or do I just keep them for when they question things?

[@CanDBawa]

You don’t need to upload the receipts. If they ask for these later, then you can provide it to ATO.

[@asaaus8237]

@@CanDBawa Thank you so much! You’ve been very helpful!

[@whyeeolivia]

It's the end of June and when I tap into it, the prepare button does not show. Does that mean that they need more time to finalise the record and when the time has come, I would be able to access the prepare button?

[@CanDBawa]

You should see the prepare button on the 1st of July.