Waiting to get your tax refund is a lesson in patience; once you've lodged, you want to see a result. You might be looking forward to purchasing that something special you've had your eye on, or maybe you're just excited to see your savings shoot up. Either way, you know there's cash on the horizon, but it's not yet within your reach. To avoid endless waiting and frustration, there are actions you can take to speed up your tax refund.
File Online
With most of us trying to fit more and more into our 9-5, we need services to work around us. During tax time, life can be even more frantic, and that's why we work outside business hours so you can get your tax done and dusted by lodging online or in person at any of our 400+ offices.
To get access to an expert online, use our Online Tax Adviser and get your return lodged ASAP. After you've carefully reviewed all your relevant details and tax documents, upload them, and an Online Tax Adviser will get busy getting your return ready to maximise your refund. As they work, our expert will contact you via our secure and safe online platform so that you can stay up-to-date with how your return is progressing. Or if you're a little more comfortable in the driver's seat, you can opt for our self-service Online Tax Express Return and lodge anytime, anywhere.
Get Organised
Take the time to carefully prepare all your documents like payslips, receipts for work-related expenses, bank statements, log book entries and summaries of your payments. It doesn't matter if you're relying on a tax agent or doing the dirty work yourself, maintaining a spreadsheet detailing your expenses makes working out your spending more manageable. To ensure accuracy from the beginning, download the Tax Checklist to stay in the know about what to gather to ace your return.
No more storing messy piles of paper receipts; the ATO is okay with unedited scanned copies. Just remember to save your documents and receipts for the full five years that the ATO requires.
Accurate Information
Make sure you correctly declare all your earnings including investment property gains, any foreign income or earnings resulting from cryptocurrency trading. Don't be lax with your details because the ATO has access to a vast range of data sources to validate the data you've provided. Everything from financial institutions and banks to government agencies can be called upon to clarify your claims; if the numbers don't add up, the ATO will question your tax return.
Expert Assistance
Our maximum guaranteed refund means we go all out to ensure our paperwork is in top shape. In the rare case you discover you're due a different refund amount, we'll repay your preparation fee, as well as file an amendment with the ATO. After you've lodged – login online for an update on how your return is progressing; access from anywhere means tax time is less of a stress.
For more information, find your nearest H&R Block office or call us at 13 23 25.
Did you know that with Tax Refund Advance, you could get the money you need within minutes*, instead of weeks?
Book an appointment online today
Our H&R Block accountants are now working online. Book an appointment with an expert.