[ct]

HI Gaz

Tax Amendment forms

1. My 22 year old son
   was able to get back his 3K PAYG TAX from 2020 using the tax amended form
   on SE module.

a) When he recently did his 2021 PAYG Tax , claiming “other work related expenses” to take the taxable income to below 18K, the ATO did not accept this and were threatening a penalty/fine. (I’m not worried about the fine actually – I’ll just do a BOE) So I believe we have 30Days to respond to them if we want to object.- we are considering our options here, as this does take energy.

2. My 20 year old
   daughter did her 2022 PAYG Tax and claimed “Other work related expenses”
   to bring her “income” down to below 18K and she got back all her 8K Tax.
   She was overjoyed when she saw the text message come through on her phone
   that the ATO had just deposited 8K into her account. She now says
   “So Marks stuff does actually work”
3. I did a Tax
   Ammendent for myself in Oct 2022 for a 2020 Tax return that was still
   within the 2 year period. I heard nothing from them and so I called
   them up 3 months ago and asked them about the progress and they said it had
   been rejected. They had not sent me any written notification and
   were not planning on sending anything either. The ATO consultant
   said that I can submit an official objection for them to relook at the
   matter again. I will do this, and if there is no success I am
   going to consider the process of taking the matter to court. However
   this will take a lot more energy. But for 16K, it may be worth
   it. Not sure, we’ll see. A lot of battles to fight at present.

1. I’ve just sent out
   my 2021 Tax Amendment 1 month ago and still waiting on the outcome.

4. A friend of mine received a 6K refund using the same process, while her husband did not get any refund back – they asked for evidence of expenses and he didn’t follow it up (If the ATO did accept , he would have been entitled to around 12K in return)

5. My unqualified advice and gut feeling would be to try and keep your refund down below 10K,….you may have better success,…just my thoughts.