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FREE support with 2009 Online Tax Return:
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2009 tax return - e-Tax or Online . 75% still use a tax agent.
Nearly 75% of taxpayers will use a tax agent to complete their 2009 tax return. Many want to do it themselves to save money and avoid the hassle of finding a reliable tax consultant, waiting for appointments or wondering if the ATO will audit their return. Some try e-Tax but find it too difficult.
This is where we help you. For a small cost we take the hassle out of doing your 2009 tax return completely by yourself. Our online tax return service is available Australia wide so it doesn't matter where you are.
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Go Online for your 2009 Tax Return and save tree-crunching paper returns
Accountants have been slow to recognise the need for "Green" 30 June tax returns. When you change to using My Online Tax your 30 June tax return is generated, lodged and stored electronically. It's easy, convenient and environmentally sustainable.
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5 tips to make your 2009 tax return refund go further
As tempting as it is to spend your 30 June tax refund on that special consider other options that could be just as rewarding. You probably do deserve it but here are five tips to make your 30 June tax returns go further:
1. Reduce your debt
Use your 30 June tax refund to make an extra payment towards your mortgage, credit card or a personal loan and avoid interest charges. Use this tool to calculate savings lumpsum mortgage calculator.
2. Look at investing
Don't underestimate the power of a small 30 June tax return to kick start or refocus an investment plan to create long-term wealth. Ask for a referral to our preferred financial advisor.
3. Make a personal superannuation contribution
Increase the balance of your superannuation fund to boost investment prospects and increase the income you receive when you retire. Changes since 30 June 2007 have made superannuation more tax effective. For a summary of those changes visit our tax blog.
4. Top up your savings
Open or add to a cash management or online savings account with your 30 June tax return that offers higher interest rates than traditional bank accounts and watch your money grow.
5. Seek advice on investment property
Don't gamble your tax refunds by implementing a poor wealth creation strategy. Consider a negatively geared investment property. You may be suprised to learn the cost of purchasing a rental property can be as little as a regular car payment. Attend one of our investment property workshops or contact our Professional Investment Property advisors.
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Save money + do-it-yourself + support
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Prepare 2009 eztax returns online with the help of a tax professional.
Enter your own 30 June tax return and a My Tax Zone tax professional reviews, edits, signs and electronically lodges it.
w Refund calculated for you
w Error checking
w Perfect for wages and investments (excluding
property)
w Ask a tax professional session included
w Provides benefits of conventional consultation
w ELS Lodgment (Tax Agents only)
w ATO approved software
w My Online Tax .... 
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2009 Tax Return - End of Financial Year
30 June in Australia means one thing - Tax Time! (some might say taxing times).
30 June is important for many reasons: the Australian financial year ends on 30 June, stock takes, closing the books, balancing up the payroll, preparing and issuing 30 June PAYG Payment Summaries and preparing the annual 30 June tax return.
Most people need to lodge a tax return at 30 June each year – but there are some exceptions.
As a general rule if you had any tax taken from any payment you received for the financial year ending 30 June you need to lodge a tax return.
For each financial year ending 30 June, you do not need to lodge a tax return if:
a your only income at 30 June was salary and wages, you earned less than your tax-free threshold ($6,000 for most people) and your payer did not take any tax out of your pay
a the only income you received for year end 30 June was from Centrelink (including CDEP payments) and you did not have any tax taken from it
a all your income for 30 June was exempt incomea you were under 18 years of age on 30 June, you received not more than $1750 from sources other than salary or wages.
There are other reasons 30 June is important. Information included in the annual 30 June tax return is used for many purposes: while some will have to pay tax, most salary/wage earners receive a refund of income tax installments deducted from their pay throught the year to 30 June.
The annual 30 June income figure is also used to reconcile other government benefits such as Family Tax Benefit (FTB), Child Care Tax Offset and various Centrelink entitlements.
Finally, the annual 30 June tax return provides an opportunity to review family finances and set some goals for the next financial year ending 30 June...........................................................................
2009 Tax return reminders
There are some changes in the 30 June 2008 tax year . Here are some reminders when preparing for your 30 June 2008 tax return:
a Certificates - Make sure you have all your 30 June PAYG Payment Summaries including Centrelink 30 June income statements where support payments have been received;
a Fee from Refund - For a small fee we can lodge your 30 June tax return and deduct our fee from your refund. It's fast and convenient.
a Bank a/c details - Whether you pay your fee on completion of your 30 June tax return or have it deducted from your refund, we will need your bank account details. With EFT refunds can be very fast;
a Family Tax Benefit - 30 June 2008 is the last year lump sum claims can be made through the tax return. In future they will be made with the Family Assistance Office.
a 30% Child care Rebate - No longer claimed on the 30 June tax return. It will be paid by Family Assistance Office after tax return processed.
a Baby Bonus - If you or your spouse had a baby or gained legal responsibility for a child aged five and under during the 30 June financial year — for example through adoption — on or after 1 July 2001 and before 1 July 2004, you may be eligible for the baby bonus. We find some taxpayers have missed out on the 30 June tax offset. If so we can request amendments from the ATO;
a Deductions Q & A's - Common questions and answers for 30 June tax time: click here for details on deductions Q & A's.
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