Tax Return
When you lodge a tax return, you include how much money you have earned and any expenses you can claim as deduction. This information allows the Australian Taxation Office (ATO) to check how much tax you should have paid. If you have paid more tax than you supposed to, then the ATO will refund the extra amount to you. This is called Tax Return. Generally, you receive your refund within two weeks. If you have not paid enough amount, than you may receive a tax bill.
When you lodge a tax return, you include how much money you have earned and any expenses you can claim as deductions. This information allows the Australian Taxation Office (ATO) to check how much tax you should have paid. If you have paid more tax than you are supposed to, then the ATO will refund the extra amount to you. This is called Tax Return. Generally, you receive your refund within two weeks. If you have not paid enough amount, then you may receive a tax bill.