What is a Tax Return? Your complete guide to understanding it
The Tax Return is a mandatory process for all workers in Australia, including foreigners. It involves declaring your annual income and the taxes you’ve paid during the fiscal year (from July 1 to June 30). Here’s everything you need to know to comply with this process: Who must file a tax return? All workers in…
Complete guide to managing your taxes and Superannuation before leaving Australia
Discover how to manage your Tax Return and superannuation when leaving Australia. A practical guide with key steps and useful tips to handle your paperwork from abroad. When you decide to leave Australia, it’s essential to properly manage your tax matters to avoid future issues. Here’s a step-by-step guide to prepare for accessing MyGov and…
Early Tax Return: Why it’s risky and how to file correctly
Although it may seem like a quick solution to settle this matter before leaving the country, we want to explain why it’s not advisable in most cases. At GoTax, we receive many inquiries from clients who are leaving Australia and are considering filing an early tax return, that is, submitting their tax declaration before the…
How Work and Holiday Makers become Tax Residents in Australia
Did you know that some workers on a Work and Holiday visa (WHM) can pay less tax than others with the same visa? Here, we’ll help you discover if you qualify for this special condition. We recommend reading this guide to find out if you can pay less tax than other people with a Work…
Work and Holiday Maker Taxes in Australia: What You Need to Know
If you’ve decided to come to Australia to work on a Work and Holiday visa, it’s important to understand how to pay your taxes based on the income you receive during the financial year. In this article, we’ll explain all the details. Important: If you are from a country with a Non-Discrimination Article (NDA), you…
How Tax Residents pay taxes in Australia: A complete guide
Here we explain how you should pay taxes depending on the income you generate during the financial year, if you meet the requirements to be this type of taxpayer. If you have worked legally in Australia with a visa or work permit, the first question you should ask yourself is: Am I a tax resident…