Frequently asked questions

 

 

1. When do I have to lodge my tax return?
2. Can I get a fast refund?
3. Can I claim for using my car?
4. Am I eligible for the sole parent rebate?
5. What happens if I lose my PAYG payment summary (Group Certificate)?
6. Can I claim for superannuation payments I have made myself?
7. Can I arrange to have my refund paid directly into my bank account?
8. What are Eligible Termination Payments (ETP's)?

  Answers to Frequently Asked Questions  
 
  1. When do I have to lodge my tax return?
If you are registered with United Tax & Accounting your name will be on our ATO lodgment list. This means that in most cases, providing you lodge with us, you have until March 31st or later to lodge.
Back to top
 
 
2. Can I get a fast refund?
Refunds are usually issued by the ATO within 10 working days.
Back to top
 
 
3. Can I claim for using my car?
Yes - provided you can demonstrate that your car is being used for work or business purposes.
Back to top
 
 
4. Am I eligible for the sole parent rebate?
No. The sole parent rebate was abolished from July 2000. It was replaced by the Family Tax Benefit.
Back to top
 
 
5. What happens if I lose my PAYG payment summary (Group Certificate?)
Ask you employer for another copy. If this is not possible we can fill in a
declaration in the tax return. You will need to know your gross salary/payment
and how much tax was deducted.
Back to top
 
 
6. Can I claim for superannuation payments that I have made myself?
If your employer is making superannuation guarantee contributions on
your behalf you cannot claim superannuation payments, However, subject to assessable income levels and age, payments you make directly to a
superannuation fund are matched by the government up to a maximum of $1,000. The government contributes 100% up to the maximum of $1,000.

Self-employed persons having private superannuation and not being part
of an employer/award productivity superannuation scheme can claim a
deduction. There are limits to the amount that can be claimed.
Back to top
 
 
7. Can I arrange to have my refund paid directly into my bank account?
Yes. Simply provide your bank account details on the front of the tax return.
Back to top
 
 
8. What are Eligible Termination Payments (ETP's)?
These are payments received from employers or superannuation funds that are eligible for certain tax concessions. Your employer should give you a statement of any ETP's paid when you leave or retire, as should your superannuation fund when you withdraw money from the fund. New rules will apply from July 2007.

Back to top


 
Top
If you have any other questions that you would like answered, please do not hesitate to contact us  for
further information. We would be only too happy to be
of assistance.
 
ABN: 80 010 623 668 Copyright © 2010 United Tax & Accounting Pty Ltd