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Online Tax Return Process:
Step 1 – Submit Income Tax Return Information:
Submit your Tax Return information online and an Accountant/Tax Agent will complete your Income Tax Return and email it to you within 48hours. You will find these questions are much simpler than completing the Etax forms, and if we need further information we will contact you.
Step 2 – Sign the Income Tax Return
Once you receive your completed Income Tax Return sign the pages as indicated and return them to us via email, mail or fax for lodgment with Australian Taxation Office (ATO).
Step 3 – Wait for your TAX REFUND
Simply wait for your refund to be transferred directly into your bank account, generally this will be within 14 business days from lodgment. We will take our fee out of the income tax refund so no upfront payment will be required. For all standard returns our fee is only $69*, this fee is 100% Tax deductible.
(*Note this is an online price only)
TAXspotonline the ETAX Alternative:
1. MAXIMISING INCOME TAX REFUND; Many individuals lodge their personal Income Tax Return via Etax (E-tax). By doing this many people miss out on claiming legitamate tax deductions and subsequently fail to receive the maximum Income Tax Refund possible
2. GETTING IT WRONG ON ETAX; Lodging a Tax Return can be too complicated for some people and can often lead to the incorrect information being submitted to the ATO. By lodging via TAXspotonline you will have the peace of mind in knowing that your Income Tax Return was lodged by a Registered Tax Agent correctly.
3. ETAX LIMITATIONS; Etax is only available for a limited time in the year, if you miss this lodgment date you will need an Accountant / Tax Agent to prepare your Income Tax Return.
4. TAX PLANNING / MINIMISATION ADVICE; One of the advantages of using an Accountant / Registered Tax Agent is that they can provide you with advice on how to minimise future Income Tax Liabilities. This is not something that one can obtain from the ETax software program. Examples of how a Tax Agent can save a client money;
a. Advising a client that they need to obtain private Hospital Cover could save them paying the 1% Medicare Levy Surcharge.
b. Claiming the 'Education Rebate' can return a client an additional Tax Refund of $750 per child.
c. Obtaining a depreciation schedule on a clients investment property could provide them with an additional Tax Refund of $3000 in a year.
* Tax Refunds will only be recieved within 14 business days from when the signed tax return is recieved by TAXspotonline. 14 business days is the standard processing time and in some cases the ATO will take longer than this.
* Our Tax Agent Fee of $69 is based on a standard income tax return excluding rental properties & business income. Returns such as these will be quoted upon request.