Ph:

  1300 768 284

Pay $0 upfront and Get Cash in 1 Hour*

New Office in Parramatta Opened at Suite 1, 247 Church Street, Parramatta NSW 2150. Ph: 1300 698 297 Email: raj@taxrefundonspot.com.au

(a ) What’s new in Tax return 2017?

  • *New Tax rates

The 2016 Budget contained a proposal to expand the 32.5 cent band from $80,000 to $87,000 which is reflected in the table below.

Tax scale 2016-17

Taxable IncomeTax On This Income (New Rates)
0 to $18,200Nil
$18,201 to $37,00019c for each $1 over $18,200
$37,001 to $87,000*$3,572 plus 32.5c for each $1 over $37,000
* $87,001 to $180,000$19,822 plus 37c for each $1 over $87,000
$180,001 and over$54,232 plus 47c for each $1 over $180,000

Tax scale (before amendment)

Tax scale as it was before amendment to expand the 32.5 cent band

Taxable IncomeTax On This Income
0 to $18,200Nil
$18,201 to $37,00019c for each $1 over $18,200
$37,001 to $80,000$3,572 plus 32.5c for each $1 over $37,000
$80,001 to $180,000$17,547 plus 37c for each $1 over $80,000
$180,001 and over$54,547 plus 47c for each $1 over $180,000


Above tax does not include Medicare Levy/Medicare Levy Surcharge

(b ) From 1 July 2016, access to the government Parental Leave Pay scheme to be denied where an employee has simultaneous access to employer-funded benefits at the same level or more than the government scheme.

( c) Backpacker tax – Backpackers will not be entitled to Tax Free threshold which means that temporary working holiday makers will be treated as non-residents for tax purposes, regardless of how long they are in Australia.).

(d ) HECS-HELP repayments – HECS repayments for graduates living overseas: Australian graduates living overseas will be brought into the HECS-HELP repayment arrangements based on income in the 2016-17 tax year.

The voluntary and upfront HECS-HELP payments bonuses will no longer be available after 1 January 2017.

(e ) Work-related car expenses

The ‘cents per kilometre’ and ‘logbook’ methods are now the only available methods.

We have online tax return lodgment facility for our client so that clients do not need to visit the office. You can just fill basic information online. The other option is to send us Email or Fax with your full name, contact number, tax file number and Group certificates (PAYG summaries) and our professional accountant will call you in 15 minutes. We will take your interview to ensure you claim maximum refund. Our accountant will verify all the information from tax office system (Tax Agent portal). Your refund figures and our fees will be emailed to you for approval. Once you approve the figures, then your tax return will be lodged. 2017 Online tax return facility is best option since you do not need any appointment and you can fill your information online.

Start Online Income Tax Return now or you can call us on 0469824086 email us at enquiry@taxrefundonspot.com.au to get quick Tax refund.

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Contact us

Postal: PO Box 41 Blacktown NSW 2148
Blacktown: Level 1, No 6 Main Street NSW 2148
(Opp Train station and above 7’11 store)
Parramatta: Level 1 , 247 Church Street NSW 2150
(Opp Westpac Bank , Above Subway)

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Business Time

Open 7 Days in July & August

Pay Nil Upfront and Get Tax Refund Today

Start Tax Return

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Appointment

Not required, 100% Online Facility
Blacktown: Phone: 1300 768 284    Fax: 1300 768 384
Email: enquiry@taxrefundonspot.com.au
Parramatta: Phone: 1300 698 297
Email: raj@taxrefundonspot.com.au