The usual deadline for filing your individual income tax return in Australia is October 31st. However, if you are using a registered tax agent, you might be eligible for an extended deadline, generally up to May 15th of the following year.

In most cases, yes. If you are an Australian resident for tax purposes, you generally need to declare your worldwide income on your Australian tax return. However, certain exemptions and credits might be available based on international tax agreements.

Yes, if you’ve paid more tax than you owe, you can receive a tax refund. This usually happens when your employer withholds more tax than necessary from your wage, you’ve made excess payments throughout the year, or you have large investment losses/negative gearing.

If you miss the October 31st deadline and you’re not using a tax agent, you might face penalties and interest on any tax owing. It’s best to lodge your return as soon as possible to avoid these additional charges.

Yes, you can claim deductions for expenses related to working from home if you meet the eligibility criteria. The ATO introduced a simplified method, which allows you to claim a fixed rate for each hour worked from home.

The Medicare Levy Surcharge is an additional charge imposed on Australian taxpayers who earn above a certain income threshold and do not have adequate private health insurance. Its purpose is to encourage individuals to take out private health cover and relieve some of the pressure on the public healthcare system (Medicare).

Yes, you may be able to claim car expenses if you travel for work-related purposes. This includes using your car to perform tasks directly related to your job, such as visiting clients, attending meetings, or traveling between different work locations. Keep accurate travel records, including travel distances and related expenses, to support your claims. Remember that personal trips, such as commuting from home to your regular workplace, are generally not eligible for tax deductions.