Worked In Australia In The Last Decade? You Could Get A Massive Tax Refund

Taxback.com have said that people who have worked down under in the last ten years could be owed a couple of thousand back in tax.

Their research has found that people could be owed as much as $2,600 from working there from any time since 2008.

That's a lot of dollary-doos, people.

Eileen Devereux, Commercial Director of Taxback.com said that: "Australia’s tax year ends on June 30th, at which point anyone who has worked in Australia the previous year needs to file a return. In light of this, we thought that this would be an opportune time to remind people not only of their filing obligations, but of their potential refund entitlements."

There are 4 primary cases in which people could find themselves getting a cheque from Australian revenue:

1. The recent tax changes were not retrospectively introduced, meaning anyone who worked in Australia in the 9 years prior to the changes (2008-2016), and has since returned home could still be eligible for tax rebates based on the old regime and the historic rates of tax.
2. Those who worked in Oz anytime between 2008 – 2016 could also be eligible for a superannuation refund (See Appendix 2) – approximately 62% of the total fund accumulated.
3. Anyone who worked after January 2017 could still be eligible for a refund for a myriad of reasons such as overpayment of tax, refund of emergency tax, not including relevant deductions etc.
4. Post January 2017 workers could also be eligible for a superannuation refund – albeit at a lower rate – approximately 35% of the total fund accumulated.

Taxback.com say the June 30th date is significant because many Irish workers are not aware that they are legally obliged to file a tax return to Australian tax authorities once the tax year ends.

You can find more info here.

READ NEXT: Nearly 100,000 Married Irish People Are Missing Out On Big Marriage Tax Savings