Mr Taxman
Change the way you feel about taxes.
Get informed and discover what the taxman doesn't want you to know.
Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
  • click to visit Mr Taxman on Twitter
  • click to visit Mr Taxman on FaceBook
  • rss

Get your share of $27 billion of annual tax refunds

Jul 29, 2015

Don’t freak out about tax just work out how much you can claim without falling on the wrong side of the tax office.

YOU work. You pay tax. For most Australians, that’s the simple equation they face.

But rather than baulk at this annual task, treat tax time as a positive experience that will help you share in the $27 billion of annual refunds handed back to individuals.

Government figures show more than three quarters of taxpayers receive a tax refund, averaging about $3600 each.

Employers should have sent group certificates out by July 14, so there’s no excuse for most people to delay getting some money back from the taxman.

“The information for your financial and tax affairs is usually easier to access and closer to mind right after the financial year closes rather than months and months later,” says Anthony Bell, CEO of accounting and advisory firm Bell Partners.

It starts with making sure you claim all the work-related deductions and other personal deductions you legally can. But be sure to keep it legal, because the ATO is targeting excessive deductions across all industries this year after work-related expense claims rose faster than inflation in recent years.

ATO assistant commissioner Adam Kendrick says last year taxpayers claimed work-related expenses of $19.9 billion, up 9 per cent over three years. “There are 13 million individual taxpayers and around 8.5 million of them made a work-related expense claim,” he says.

 The last word ... accountant Anthony Bell says now is the time to act on your tax return. Picture: Jonathan Ng


Work-related claims allow you to get back some of the money you have spent on work-related travel and motor vehicle expenses, laundry and uniforms, self-education costs related to your work, tools and equipment, union fees and home office expenses such as part of your energy bills, mobile phone and internet use.

The ATO has specific guides for about 30 common occupations that outline what these workers can and can’t claim.

But, Bell says, this year the ATO will be focusing on unusually high work-related expense claims across all industries and occupations and taking a much wider approach than in previous years.

“The ATO will also be paying particular attention to claims that have already been reimbursed by employers, and for private expenses such as travel from home to work, mobile phones, private internet usage and entertainment,” he says.

Kendrick says if you are making large or complex claims it’s best to consult a tax agent. “Our website has some really good, down-to-earth practical tips around claims you can make.”

Bell agrees that accountants can help when it comes to refunds.

“They will find deductions that you never knew existed,” he says.

If you are making large or complex claims it’s best to consult a tax agent. Picture: Craig Wall.


Etax Accountants senior tax agent Liz Russell says many taxpayers may not realise they can claim things such as work-related mobile phone use, which must be documented alongside your private use over a four-week period to satisfy the ATO.

“The trick is figuring out how much you can claim without falling on the wrong side of the ATO,” she says.

“As tempting as it may be to just pluck a number out of the air, you’ll come unstuck if you’re audited and asked to prove your calculations.”

Deakin University senior lecturer Adrian Raftery, author of 101 Ways To Save Money On Your Tax Legally, says it is crucial to keep receipts because the ATO is increasing its audit activity all the time.

“With the ATO motto of no receipt means no deduction, you could be missing out on legitimate tax deductions by not keeping good records,” he says.

Workers can claim up to $300 of tax deductions without needing receipts, but as soon as you pass $301 you’ll need records of the whole lot. 


Don’t just pluck a number out of the air when claiming deductions as you could be audited
and asked to prove your calculations.


There are plenty of other tax deductions you can claim if you keep records. Donations to registered charities are tax deductible if you handed over more than $2.

You can also claim for the cost of using a tax accountant, income protection insurance, deductions related to interest and dividend income, and personal superannuation contributions if you’re self-employed.

“You will be surprised how many slackos there are that miss out on easy money despite how simple some of these strategies are,” says Raftery.

Origina article published in The Daily Telegraph on 29 July 2015

Tags: 101 WaysAccountant SydneyChartered AccountantDeductionsEmployeesPersonal taxSmall Business

Author: Anthony Keane & Emma Blake


Post a New Comment

Media Availability

Are you interested in booking Mr Taxman for a speaking engagement or requesting his viewpoints for an article?

comments-rhsLatest Comments

  • "Santander financial services is a successful finance brokerage, offering specially designed finance packages to clients worldwide, contact us via email: to submit your..."

    By: Santander financial services at Apr 06, 2020 5:53PM

    Post: Claiming car expenses

  • "A really interesting question Mel. Whilst negative gearing of a rental property is great for the higher earning spouse as there is a nice tax deduction which comes back to them, it comes to bite..."

    By: Mr Taxman at Mar 04, 2020 9:36PM

    Post: Marriage

  • "Your refund is your asset. It would be up to the courts to determine if you have to share your assets when you settle your split."

    By: Mr Taxman at Mar 04, 2020 9:28PM

    Post: Marriage

  • "Sorry to hear Emma. Generally speaking when it comes to completing your income tax return and including spouse details, a spouse includes another person who: * you were in a relationship with that..."

    By: Mr Taxman at Mar 04, 2020 9:22PM

    Post: Marriage

  • "Admittedly not too much depreciation with a 2011 car but there will still be a few $$$ there still. My motto is that you would pick up $20 if it was on the ground so why not claim it in your tax..."

    By: Mr Taxman at Mar 04, 2020 8:59PM

    Post: Claiming car expenses