+ Reply to Thread
Results 1 to 5 of 5
  1. #1
    Join Date
    Oct 2012
    Posts
    4,953
    Thanks
    3,680
    Thanked
    1,949
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default Online tax return estimators

    I tried a few of these using the same information and got all different amounts!!

    Clearly they are not overly accurate!!

    Sent from my GT-I9100T using The Bub Hub mobile app

  2. #2
    Join Date
    Dec 2009
    Posts
    704
    Thanks
    55
    Thanked
    129
    Reviews
    1
    Achievements:Topaz Star - 500 posts
    have you used the ones on the ATO web site or actually downloaded etax and put all your figures in?

  3. #3
    Join Date
    Jan 2011
    Posts
    2,248
    Thanks
    489
    Thanked
    1,263
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Probably because tax laws and all the different entitlements, offsets and deductions are just a bit too complicated to calculate an accurate estimate from a calculator that just asks a few questions.

    I would either use the ones on the ATO website or download eTax (from the ato website NOT etax.com.au) and punch in all your details and see what happens.

    eTax will give the most accurate as it asks you everything......

  4. #4
    Eko's Avatar
    Eko is offline Acrobatic Dominatrix.
    Winner 2012 - Most Politically Correct Member
    Join Date
    Oct 2011
    Posts
    2,837
    Thanks
    1,083
    Thanked
    1,427
    Reviews
    10
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Beware online estimators. Some of them are American and for America's system. Some of them are geared to take into account deductions that you may be entitled to be are most likely not actually entitled to (like job specific deductions etc) simply to make you think you'll get more money if you lodge through them.

    The best way to get an estimate is to use etax from the ato website. Whilst it isn't 100% accurate as your assessment still actually has to be processed, as long as you enter all the correct information it gives you the most accurate indication of what your return/debt will be.

  5. #5
    Join Date
    May 2011
    Posts
    1,327
    Thanks
    74
    Thanked
    288
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Use the ato one.personally have found this fairly accurate in the past.


 

Similar Threads

  1. When did your periods return
    By ciaomamma in forum Breastfeeding Support
    Replies: 46
    Last Post: 24-03-2013, 20:33
  2. Return or Not.
    By weazel in forum General Parenting Tips, Advice & Chat
    Replies: 2
    Last Post: 27-08-2012, 18:10
  3. PPL & Tax Return
    By summastarlet in forum Maternity & Parental Leave
    Replies: 2
    Last Post: 18-07-2012, 18:51

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Tambo Teddies
Visit our online store and select your individually handmade natural sheepskin teddy bear. Our soft and loveable bears come in a range of styles and colours. Created in Outback Queensland each bear is unique individual. 100% Australian made!
sales & new stuffsee all
Wendys Music School Melbourne
Wondering about Music Lessons? FREE 30 minute ASSESSMENT. Find out if your child is ready! Piano from age 3 years & Guitar, Singing, Drums, Violin from age 5. Lessons available for all ages. 35+ years experience. Structured program.
Use referral 'bubhub' when booking
featured supporter
Impressionable Kids
Impressionable Kids are Australia's leader in framed children's memorabilia and specialise in framed baby hand and feet sculptures. With franchise locations throughout Australia you can be assured you will receive a quality handmade product with a lifetime warranty on all frames.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!