Private Community Discussion Forums & Sharing

Find answers, ask questions, and connect with your community around the world.
Share the knowledge. Help one another. Always remembering golden rule of Love thy Neighbor.

Homepage Private Community Forums Minimising Tax Success with personal tax return

  • Success with personal tax return

    Posted by wim-and-melissa on December 19, 2023 at 1:50 pm

    This year was the first time I completed my tax return following ‘Module 2 – Legally & Legitimately Minimise Tax’. After some studying, I could wrap my head around it. With the knowledge gained, I completed returns for the years ending 2021,2022 & 2023. I sent my tax return via mail in September, and the ATO took their time with processing. Around the end of November, they processed my returns. I must add that the years 2021 & 2022, I did not earn much, and I received a full refund. The 2023, with a higher income, I again received almost all my money back. I’m quite happy with the results, especially when I compare it to my previous tax returns when I used an accountant.

    I thought I share my little success story to show others that the processes on SE do work. I know it’s a lot of work and one doesn’t always succeed, but in the long run, its worth it I think.

    Cheers Melissa

    brianchu82 replied 1 month ago 4 Members · 5 Replies
  • 5 Replies
  • morag-janet-of-the-hill-family

    Member
    December 19, 2023 at 2:09 pm

    Thanks for the wonderful testimony Melissa and for the detail about what you used, I’m sure it will help many members 🙂

  • brianchu82

    Member
    January 19, 2024 at 10:18 pm

    Hi Melissa,

    Wow… that’s an encouraging outcome! Well done!

    So I understand that the ATO had tried to phone you and then sent you a letter requesting more information on your submitted tax returns. You then wrote back claiming that an unsigned letter came from the ATO and you refuse to engage. And within two weeks after, the ATO simply processed your tax returns and gave you the refunds?

    Argh, we took the bait from the ATO for my sister in-law then. She picked up the phone, talked a little and hung up. Then they sent her a message and a letter requesting she called back. We called back and the agent requested an audit. You can read the rest of the story in a thread I shared in this same discussion page.

    Well, looks like we’ve learnt something here. There are ways through an offer to contact them to give them more information. Don’t take the bait!

    God bless,

    Brian

    • wim-and-melissa

      Member
      January 22, 2024 at 11:41 am

      Hi Brian,

      I did not provide my phone number when I filled out the tax form, just my email address. They sent me a letter asking to phone them regarding my tax return. I chose not to call them because I think official communication should be done in writing, as I stated in my letter to them.

      In hindsight, I suspect they may have wanted to clarify my bank details because I received cheques instead of having the money deposited in my nominated bank account.

      • brianchu82

        Member
        January 24, 2024 at 10:51 am

        Hi Melissa,

        It is much better to get a cheque.

        When my sister in-law posted her tax return form, she didn’t put her mobile phone. But because she has a my.gov account, they have her mobile number. That’s why they could contact her.

        As for my wife and I, we had posted our forms without our phone or bank account details. Like my sister in-law, we have our details on my.gov so the refunds came into our bank accounts.

        But I am very happy that you had a positive outcome too. It is now running the gauntlet with getting a tax refund using the sustenance as work expenses method. Have to find other ways to get around it and to have friends with an ABN handy to issue receipts if anyone gets an audit from them.

        God bless,

        Brian

  • cherax

    Member
    January 20, 2024 at 4:24 pm

    Well done Melissa. Correspondence is the best option, engaging on your terms.