7 Daily Hacks to Better Tax Refunds – Day 2 (EOFY Sales!)

By Stephen Burns CEO Mr Tax Refund.

Tax Time is 7 days away. In an effort to reduce the tax season headache we thought we’d give you some daily short hacks as a countdown to tax refund time.

Hack 2: See if you’ll benefit from the End-of-Financial-Year sales

Ever wonder why companies like Officeworks have end-of-financial-year sales in June? It’s because they know that people ‘stock up’ on stationery and supplies just before June 30 to claim the expense straightaway.

If you’ve had a pay rise during the year, you might have bumped up to a higher tax bracket. A tax bracket is the amount of tax you pay according to your income. The aim would be to claim as many deductions as possible to ensure you drop down into the lower tax bracket, so jumping into the end-of-financial-year sales is a massive YES.

Work out which tax bracket you fall into from the tax table below. This will determine whether or not you should buy or delay before the end of the financial year.

Tax Rates 2015-16 Source: ATO

If your income is higher or the same as last year, you might be better off buying tax deductible supplies as it could move you down into a lower tax bracket.

If your income (and tax) is lower this year and you expect it to increase next year then it’s better to hold off until next year.

It’s important to speak to a tax consultant about which tax bracket you fall into for the year and the effects of purchasing supplies or stationery in the end-of-financial-year sales.

Happy New Year. Ready for your 2016 Tax Return

Ok so we are a bit early. But we’ve always been ahead of the game! Happy 2016 to all and thank you to our thousands of Mr Tax Refund clients for your patronage and support this year. We are gearing up for a huge 2016 tax return year!

Dragging the chain in getting your tax return lodged last year? Fear not. Mr Tax Refund specialises in late tax returns, so get in touch with us next week. We make the process easy. You could be due a decent refund just in time for the January sales. Maybe you have friends or family with an outstanding tax return? We offer $10 off for all referred tax return work. Just mention it when one of our friendly consultants call.

We are open for business on Monday Jan 11.

Visit www.mrtaxrefund.com.au today.

Tax Returns 2012 – Here’s the link to our Australian official media launch release.

We’ve had an amazing day with media falling over themselves to give us some airplay for our innovative tax refund services including 24 hour instant refund. Check out our PR Web media release here http://www.prweb.com/releases/2012/6/prweb9612507.htm

Don’t forget you only have 10 working days to register for our $49 basic tax preparation special! Register on the home page.

If you havn’t checked out the Mr Tax Refund Facebook page click here www.facebook.com/mrtaxrefund

Your Tax Refund in 24 hours. Announcing the Arrival of Mr Tax Refund.

Tax time is coming up fast.

For most of us that means a tax refund and extra spending money.

This year would you like your tax return done in under 30 minutes and refund in your bank the next day?

Mr Tax Refund is a registered, experienced tax agent that can complete your tax return over the phone in just 30 minutes AND send your refund to your bank account overnight.

We’re so certain we’ll get you the maximum refund we guarantee it.

The best part is if you sign up to have your tax return done with Mr Tax Refund by June 30 we’ll do it for only $49*.

If you need quick cash right now and haven’t done your previous year’s tax return we may even be able to get you an overdue refund as quickly as tomorrow.

For details visit www.mrtaxrefund.com.au

*Fees and Charges Apply for 24 Hour Refund. See website for details.