All working Australians are required to lodge a tax return with the Australian Tax Office (ATO) each year. Your tax return will declare all the income you've earned throughout the financial year, which starts on 1 July and ends on 30 June annually, to ensure you've paid the correct amount of tax. If you've paid more tax than you needed to, or if you've got some tax deductions to claim, you can expect to get this money back after submitting your tax return.
This guide provides all the information you need on how to submit your tax return, the different options available for lodging your tax return, how to correctly claim tax dedications and the deadlines you need to be aware of. You can also compare Australian tax agents in this guide, who can help you correctly lodge your tax return.
Online Express Tax Returns starting from $19
Online Tax Adviser starting from $99*
Business tax returns from $280*
H&R Block Tax Return Offer
Enjoy the flexibility of lodging your tax return online with H&R Block.
Use the Online Express tax return system to lodge your individual or business tax return in less than 10 minutes. H&R Block will guide you through the process with tips and tricks and an accountant will check your return before sending it to the ATO.
Or opt for an Online Tax Adviser to lodge your return online with the help of expert tax consultants who will prepare your return for you and maximise your refund.
*This is the minimum fee charged for income item tax returns. The price listed on this table is subject to terms and conditions. To find out more or to receive an accurate quote for your tax return, please visit the agent's website to submit an enquiry.
The products compared on this page are chosen from a range of offers available to us and are not representative of all the products available in the market. There is no perfect order or perfect ranking system for the products we list on our Site, so we provide you with the functionality to self-select, re-order and compare products. The initial display order is influenced by a range of factors including conversion rates, product costs and commercial arrangements, so please don't interpret the listing order as an endorsement or recommendation from us. We're happy to provide you with the tools you need to make better decisions, but we'd like you to make your own decisions and compare and assess products based on your own preferences, circumstances and needs.You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.
Should you do your tax return yourself, or get professional support?
There's two ways you can lodge your tax return. You can complete your tax return yourself online for free using the ATO's tool myTax, or you can seek support from a registered tax agent. Both options have advantages and disadvantages.
Claiming tax deductions for work-related expenses you've paid throughout the year can help reduce your taxable income and get you a bigger tax return. But it's important to claim only what you're legally entitled to.
This guide outlines how tax deductions work, and lists a huge number of deductions that you could be eligible to claim when lodging your tax return. It also includes the tax dedications you're eligible to claim without receipts.
You need to make sure you've successfully lodged you tax return ahead of the deadline set by the ATO each financial year, or you risk getting a penalty. There are different deadlines you need to be aware of depending on how you choose to lodge your tax return.
DISCLAIMER: Many of the comments in this article are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information applicability to their own particular circumstances.
Alison Banney is the banking and investments editor at Finder. She has written about finance for over five years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business. She has previously worked at Westpac, and has written for several other major banks including BCU, Greater Bank and Gateway Credit Union. Alison has a Bachelor of Communications from Newcastle University, an ASIC RG146 Generic Knowledge Certification for financial advice and an ASIC RG146 Certification in Securities and Managed Investments.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.
Products marked as 'Promoted' or "Advertisement" are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options and find the best option for you.
The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.
We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.