Apply For Your Tax Refund Today

As a hard-working holidaymaker in Oz, you’ll pay about 32.5-45% tax on your earnings. This doesn’t have to be lost money.

Have you applied for your Australian tax refund? Whether you are leaving Oz soon or planning to hang around for a while, we’re sure you could do with some money in your pocket!

Many working holiday makers are not aware of how much money they can be due back and that they can get their mitts on a 2014 tax refund before the tax year ends in June. You can even apply for a tax refund from four years ago! An early assessment gives you the option of getting your money back in as little as six weeks.

How much money can I get back?

Your refund amount depends on how much you’ve earned, the amount of tax you’ve paid, how long you have been working and if you had any work-related expenses. The average working holiday-maker gets a very respectable $2600.
Super Refunds

Anyone earning over $450 a month in Oz pays a whopping 9.5% of their wages into a superannuation fund. Many working holiday makers do not realise how much super they have paid over their time in Oz, and it’s important not to leave this money behind you. Super refunds must be carried out after you have left Oz as you will need to use your exit stamp on your passport to process the claim.

Working Holiday Maker’s Guide to Tax

• Tax Year: The Australian tax year is from 1st July to 30th June the following year. For example, the 2015 tax year started on 1st July 2014.
•Tax File Declaration: When you start working in Australia your employer is obliged by law to give you an Employment Declaration Form to complete.
• Claim all work-related expenses: Take the time to find out what work-related expenses you can claim. While up to $300 of work-related expenses can be claimed without receipts, the claims must be for items necessary to your work and you must have incurred the expenditure. You can claim for work related expenses over $300, but you must have receipts for proof of purchase.
• What are work related expenses? Typically, these expenses would include ‘normal’ employee claims for expenses, such as uniforms, business telephone costs, subscriptions and union fees. Expense that many working holiday makers will be hit with when they start employment in Australia.
• Keep all receipts and documentation: Keep receipts for any work-related expenses and any documentation surrounding tax during your time in Australia, especially your Payment Summary or PAYG (Pay As You Go) form, also known as a Group Certificate.
• File a tax return: you can apply for a tax return during the tax year if you stop working and are not going to be working again for the rest of the tax year. Alternatively, you can apply at the end of the tax year on 1st July.