If you are looking for an Online Tax Lodgement Service to lodge your taxes this year then here is the new upcoming Online Tax Lodgement site for Australians.
– Account Creation
Visit www.domytaxonline.com.au in order to lodge your taxes and you need to create an account for that you need to provide correct mail address while signing in to DoMyTaxOnline since you need to verify your mail address sent by our team without verifying you can’t move further.
Once you are completed with creating the account then you need to provide your TFN number, first name, family name contact number these are the basic requirements from you using these the site will try to fetch information by ATO if available and you double check all the entries since all the information from ATO may not be accurate. Once entered all those information a small confirmation window will appear click on ‘OK’ if correct.
– Personal Info
You need to provide maximum information from your side which helps the tax accountants to review your tax return application smoothly and you can’t leave the fields blank which are marked with star(*) i.e mandatory: TFN number, first and last name, family name, contact number, Date Of Birth, mail address, postal and current address, bank account details these are most important fields which needs to be filled by the tax payer that is you. Once you enter all your personal details make sure that the entries made by you are correct.
You get to see the list of items from income section and you can choose one which is applicable to you. You need to provide the necessary details under the selected item, In this they have show for salary/wages and filled it . You can select multiple option related to your income source just by clicking on the toggle button on the corner the selected item will be added to your list as your income but you need to provide the necessary details under that item. Attach PAYG summaries, bank receipts etc. You can’t skip any of your income since all information about you will be on track by ATO so don’t miss any of your income, bank receipts.
Select the deduction which you want to claim and add that, you can select multiple items. But you need to provide justification/explanation for your claiming amount for each selected item. You need to provide proof for claiming on your tax return like invoice receipts, bank receipts, PAYG slips etc. You can any item which you wish to claim from your deductions. But remember you cannot claim your medical levy from your deductions. Make sure that you have added all your deductions of the year since this helps to get you the refund under some category. The accountants of the DoMyTaxOnline will help you by providing few best tax lodgement tips using those you can increase chance of getting maximum refund.
If you are married during the tax lodgement year do enter your spouse details also which includes: first and last name, DOB, spouse income, married date etc.
If not you can click on ‘No’ button. Skip this only if you are not married or else you need to enter the required information about your spouse if she is earning.
Enter medicare details during the year and number of dependent children or student. Any medicare surcharge did during the year. Enter the details which is applicable/relevant to you. This deductions cannot be claimed. If you have any private health insurance details do enter that also: Membership no, card no, health insurance ID etc. This is about the medical expenses made during the year for any of your family member. The insurance card details is to claim some amount of money on the expenses you made on hospital for that you need to attach receipts given from hospital.
This is the final step here you can see all the gross taxable income, total offsets and credits subtracted. Your deductions, total income, medicare levy, claimed tax etc. At the bottom your estimated tax refund amount from the ATO of the year will be displayed. After checking all the details you can move to the payment section. This is the dynamically calculated estimated tax of the year in case of any information gap do review all the information provided by you. You can contact the accountants of DoMyTaxOnline for any clarity.
This tax season lodge your tax with DoMyTaxOnline and get best tax filing tips and maximum possible refund on the taxes you owe from ATO.