Are you due an Australian tax refund?

Business

Are you due an Australian tax refund?

Taxback.com say that those Irish who spent time working in Australia during 2012 or in the previous 8 years could be entitled to some of the estimated €100 million in Tax refunds from the Australian Tax Office (ATO).

Friday, 16 August 2013
12:00 AM GMT



Approximately 36,000 Working Holiday & Employer Sponsored Visas were granted to Irish workers travelling Down Under in 2012 alone and according to Taxback.com, since the end of the Australian tax year on June 30th they have experienced a surge in applications from those who have returned to Ireland and want to claim back a tax refund.

Taxback.com say that those Irish who spent time working in Australia during 2012 or in the previous 8 years could be entitled to some of the estimated €100 million in Tax refunds from the Australian Tax Office (ATO).

Aoife Flynn of Taxback.com commented: “These last few weeks have been pretty hectic in terms of enquiries and applications but there are so many more people who have yet to claim. The average demographic of an Australian tax refund claimant is anywhere between 25 -39 – so we would urge any of those 124,200 people aged 25-39 in Cork who have travelled and worked in Oz between the years 2005 – 2012 to submit their application and get what’s owed.

Thousands of workers leave our shores every year in search of job opportunities and new experiences in Australia – some come home after a year or less whereas others stay for longer. All of these workers have one thing in common; they will have paid tax in Australia and may be owed this money back.

“Basically, if you’ve worked and paid tax in Australia, it’s well worth your while checking whether you can claim it back. Furthermore, most people who work in Australia will have contributions paid by their employed into a superannuation fund, which everyone is entitled to claim back”, Aoife concluded.



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