Tax Assessment

[paolo-m]

Have you watched the webinar about minimising Tax?

[Juls]

I’ve just purchased the module and working my way through it. I have found that I cannot open many of the attachments however.

I’m hoping to also hear if anyone has had success using this module and getting their tax back without audits/issues from ATO

[Lee-kl]

Hi, we have increase our PAYG returns from $450 to over $6000 over the past 3 years. This year was the paper form and was successful. We didn’t send an Affidavit though. I don’t remember reading that part.

• This reply was modified 2 years, 1 month ago by  Lee-kl.

[Juls]

I’ve just completed my tax return and sent it in using this Minimizing Tax process. Fingers crossed. Let’s see how I go.

I’ve completed the following:

1. 2022 tax return

2. Affidavit to cover “Other work expenses”

[paolo-m]

Please let us know your outcome. I’m sure many of us will be watching.

[Juls]

Will do. Quite nervous, anxious and excited all at once! lol

[Juls]

I completed this module and followed it to the T. I have just received over $34k in tax back, therefore have paid 0 tax for 2021-2022. I’ll now be going back 2 years and getting this returned. 🙂

[Living-Ascension]

Hey Juls, it’s good to hear of your success in retrieving all of your hard worked for money back. I am currently in the middle of completing my individual return, I am a little bit stuck. I am up to calculating my “other work expenses” to try to bring the taxable income down to under $18,200 as Mark has previously spoken of but recently in the updated tax video has mentioned to add in that figure at around $100. What method did you use? Also, tax department have withheld around $25k and it doesn’t seem right to submit that my total deductions add up to more than what I actually took home after tax?

[Juls]

hey, I spoke to soon. On the MyGov site I’m showing a credit owing to me of over $34k, however it has yet to be actually paid into my account. And when I dig further the message that comes up is that it’s under review.

I basically calculated my “other work expenses” to bring my income down to $17,555 (I used this figure as it felt right to me). I then sent in my last 4 years returns, amending to my income being $17,555.

I guess we’ll see what happens now. I have had no comms from the thieves yet. Nor did I give them my mobile, instead they only have an email address to comms with me