ไม่สามารถเล่นวิดีโอนี้
ขออภัยในความไม่สะดวก

URGENT: Do Not File Your Tax Return Yet (wait until Jul 14th)

แชร์
ฝัง
  • เผยแพร่เมื่อ 17 ส.ค. 2024
  • STOP! Don’t lodge your tax return until you’ve ticked off these important tasks!
    --
    📺 Subscribe to this channel - www.youtube.co...
    --
    WANT MORE OR TO WORK WITH ME:
    📧 Join my Email Newsletter for FREE Tax Tips - www.ethanroosh...
    💰 My Accounting Business - rooshockaccoun...
    🎓 My “How to Start a Business in Australia” Course - www.ethanroosh...
    🖥️ My Reseller Tax Spreadsheet - reseller-sprea...
    --
    MY FAVOURITE TOOLS
    🤑 Sharesight - How I track my Share & ETF investments for tax - www.sharesight...
    🔐 Crypto Tax Calculator - My favourite detailed Crypto tax tracking tool - cryptotaxcalcu... (Get 20% Off using the code BFF2020)
    🗒️ Koinly - The easiest to get started Crypto tax tracking tool - koinly.io/?via... (Get 25% Off using the code 9B29D87A)
    --
    ⌚️Timestamps
    0:00 Why You Should Wait Before Loding Your Tax Return
    3:03 When Can You Expect Your Tax Refund?
    --
    CONNECT WITH ME HERE:
    📷 Instagram - / ethanrooshock
    🌏 My Website - ethanrooshock....
    🐦 X (Twitter) - / ethanrooshock
    🎵 Tik Tok - / ethanrooshock
    💼 LinkedIn - / ethan-rucioch-037b44a3
    👍 Facebook - / ethan-rooshock
    ✉ Email - ethan@rooshockaccounting.com.au
    --
    WHO AM I:
    Hey there, I'm Ethan - an accountant turned TH-camr and business owner. My goal is to empower others to build businesses that not only maximise wealth but also optimise for taxes Join me on this channel as I delve into topics like business strategies, structuring, and tax minimisation.
    --
    Disclaimer
    Every effort has been made to ensure that the information in this video is accurate. The information in this video and on this TH-cam channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial, legal or tax advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
    --
    #tax #tax2024 #taxaustralia

ความคิดเห็น • 43

  • @EthanRooshock
    @EthanRooshock  หลายเดือนก่อน +1

    Have you lodged your return yet?

  • @deadspeedv
    @deadspeedv หลายเดือนก่อน +2

    Private health insurance usually take until the end of July as well. I will probably wait until August since I also have dividends from vanguard EFTs purchased through Stake so hopefully they go through pre-fill so I don't have to do it manually.

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      Yeah some private health is starting to flow through now but not all. Yeah definitely have to wait on the Vanguard stuff.

  • @cablestick
    @cablestick หลายเดือนก่อน +4

    Vanguard doesn't provide their statement until August!!

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      Yeah they definitely take awhile.

    • @DancingIpod
      @DancingIpod หลายเดือนก่อน

      oof

  • @CherryRed1972
    @CherryRed1972 หลายเดือนก่อน +2

    You explain things really well. Thank you.

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      Glad you think so!

  • @thebearcollectivetbc
    @thebearcollectivetbc หลายเดือนก่อน +1

    How do I claim Twitch income, affiliate income and deduct games for content creation purposes?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      I have a video on my channel for content creators. Check that one out.

  • @ElkhanMajidzade
    @ElkhanMajidzade หลายเดือนก่อน +1

    Hi, I am new worker foreing citizen for tax purpose in Australia Worked approx 1 month, I got 19163 AUD and paid tax 6942 AUD and when I saw Tax ready In ATO I logded for tax return. Now I check final asseament date is 12 th July. However no income, there is written 714 AUS credit. I dont understand why ?when I lodged it was written estimated income should be 754 AUD. Could you give some details to me?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      I didn’t lodge your return so I don’t know why it’s changed but it sounds like your income is different to what you lodged. Best to do would be to check with the ATO

    • @JoshuaWalton-jv8kh
      @JoshuaWalton-jv8kh หลายเดือนก่อน +1

      @elkanmajidzade what do you do for work?

  • @caiourbano8418
    @caiourbano8418 หลายเดือนก่อน +3

    Lodged on the 4th. As soon as I saw “tax ready”

    • @chickenmanmackenzie3525
      @chickenmanmackenzie3525 หลายเดือนก่อน

      is this in the mygov website?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน +1

      Well done, hope you included any interest income.

    • @caiourbano8418
      @caiourbano8418 หลายเดือนก่อน +1

      @@EthanRooshock Yes I did. return ran smoothly, received a good chunk on the 11th. All thanks to your tips, really appreciate it mate... keep it up 🔥

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      @@caiourbano8418 Awesome!

    • @kakashihataxsurge1315
      @kakashihataxsurge1315 หลายเดือนก่อน

      Where do you find the ‘tax ready’

  • @jamesbeachen7401
    @jamesbeachen7401 หลายเดือนก่อน

    Lodged my return with all details ready, everything lining up with my previous years return where I got over 2k, but my estimated return this year is $8. What is going on here???

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      Something would be different compared to your prior year. Maybe the tax withholding or your total income

    • @jamesbeachen7401
      @jamesbeachen7401 หลายเดือนก่อน

      @@EthanRooshock 36% increase in income, 38% increase in tax withholding.. would that not mean a higher return?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน +1

      @@jamesbeachen7401 Nope, depends on total income and total tax. You could have moved brackets etc.

    • @jamesbeachen7401
      @jamesbeachen7401 หลายเดือนก่อน

      @@EthanRooshock Thanks very much for the info mate!

  • @lukisc9296
    @lukisc9296 หลายเดือนก่อน +1

    Hey Ethan, love your work. If I live with my parents and don’t pay rent, can I claim working at home expenses?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      As long as you meet all the criteria you should be fine to use the fixed rate method.

  • @MrContr0ller
    @MrContr0ller หลายเดือนก่อน +1

    I‘m on a WHV visa I earned 150k before tax last year I started my tax claim without any deductions it’s saying I owe the ato 4.5k$ how is that possible?

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      Have you asked your tax agent? They will be able to explain it to you.

    • @MrContr0ller
      @MrContr0ller หลายเดือนก่อน

      @@EthanRooshock na appointment is on the 30th of October

    • @yohjijames1413
      @yohjijames1413 หลายเดือนก่อน

      Sound like your employer might have made an error in what they were deducting each pay. Possibly they got the working holiday visa tax rate and regular tax rates mixed up?
      By the way, what job are you doing getting 150k on a working holiday!?!? That’s good money 💰

    • @MrContr0ller
      @MrContr0ller หลายเดือนก่อน

      @@yohjijames1413 ye I don’t know it’s a big company they should do the correct stuff but I’m working fifo bro

  • @timothymark8254
    @timothymark8254 หลายเดือนก่อน +2

    Good stuff Ethan.

  • @low-profile-dude
    @low-profile-dude หลายเดือนก่อน +1

    Too late, it's in 😂

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน

      As long as you got it all in correctly, you'll be fine!

  • @liteknight
    @liteknight หลายเดือนก่อน +4

    Too late lol

    • @herb_loggins3434
      @herb_loggins3434 หลายเดือนก่อน

      same lol this has me worried now

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน +1

      Hopefully everything was tax ready and all income was included, including any interest income.

    • @EthanRooshock
      @EthanRooshock  หลายเดือนก่อน +1

      @@herb_loggins3434 As long as you waited until everything was ready, you should be fine.

  • @KArtoaT
    @KArtoaT หลายเดือนก่อน +1

    🙏🏽🙏🏽🙏🏽🙏🏽🙏🏽⭐️⭐️⭐️⭐️⭐️