How to Maximize your TAX Return for 2020 [ Complete Tax Guide for Australians ]

Its Tax time and in this video we look into detail on how you can maximize your Tax return if you have been working from home a lot or been affected by the Covid-19 situation OR bushfires. Not everyone understands how deductions work so we offer a simple Tax Guide for Australians.

00:00 - Introduction to EOFY Tax return
00:36 - Things you can claim
01:35 - Things you CANT claim
02:27 - How to qualify for tax deductions
03:26 - Calculate actual deductions amount
03:52 - Actual cost method
04:19 - Shortcut method
05:22 - Fixed-rate method
06:35 - Protective clothing deduction
07:02 - Lost your Job / Reduced hours
07:41 - Job keeper OR Job Seeker
08:20 - Automatic Offset
09:06 - Couple working from home
09:27 - Bogus Claims

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⚠️ DISCLAIMER
The information in this video is for general information purposes only. It is NOT intended as legal, financial, or investment advice and should not be construed or relied on as such.

You should consider seeking independent legal, financial, taxation, or other advice to check how this video information relates to your unique circumstances.

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