+ Reply to Thread
Results 1 to 4 of 4
  1. #1
    Join Date
    Apr 2011
    Location
    Sydney South
    Posts
    1,958
    Thanks
    1,269
    Thanked
    870
    Reviews
    10
    Achievements:Topaz Star - 500 posts

    Default Tax question

    Im just throwing it out there as im desperate.... last financial year (2012-2013) we misplaced several receipts worth allot of money we could have claimed for deductions. We ended up having to file without these items, breaking our hearts in the process.

    Well this financial year (2013-2014)low and behold - we have found them!!!

    My question - can we claim these on our tax return if we can legitimately prove we didnt claim them for the year we meant to?

  2. #2
    Join Date
    Jun 2009
    Posts
    4,143
    Thanks
    1,608
    Thanked
    2,118
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    There are a few accountants on here who could give you a definite answer. I believe that you cannot claim them against this year's income. You may be able to lodge an amendment to last year's return to include them and receive an additional refund (or reduction in liability).

  3. #3
    BH-KatiesMum's Avatar
    BH-KatiesMum is offline Community Manager
    Winner 2008 - The most optimistic poster
    Winner 2014 - Most Helpful Moderator
    Join Date
    Oct 2007
    Location
    Perth WA
    Posts
    22,463
    Thanks
    5,403
    Thanked
    5,854
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    Past Moderator
    200 Posts in a week100 Posts in a week
    what stretched said is correct.

    You will need to lodge an amendment for last year, not include it in this year.

    Its easy enough to do, so if the amendment makes a big difference, I would go ahead and do it.

  4. The Following User Says Thank You to BH-KatiesMum For This Useful Post:

    Stretched  (19-07-2014)

  5. #4
    Join Date
    Jan 2011
    Posts
    1,129
    Thanks
    193
    Thanked
    148
    Reviews
    1
    Achievements:Topaz Star - 500 posts
    That's right, you will need to lodge an amendment.


 

Similar Threads

  1. A question about the "Do you have kids" question...
    By jaesmummy in forum Childless - not by choice (still trying)
    Replies: 10
    Last Post: 02-11-2013, 21:06
  2. Sex question
    By Grince in forum Conception & Fertility General Chat
    Replies: 5
    Last Post: 06-08-2013, 13:49
  3. Here I am again with another question!
    By Kazza78 in forum First Trimester Chat
    Replies: 12
    Last Post: 05-08-2013, 23:13

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
sales & new stuffsee all
The Little Gym Bella Vista
Get ready for some serious, fun gymnastics! The Little Gym Bella Vista
The world’s premier experiential learning and physical development center for children ages 4 months - 12 years. Create opportunities for your child to try new things and build self-confidence, all with a grin that stretches from ear to ear
featured supporter
Baby Monitors
Looking to buy a baby monitor? :: Read viewer reviews of baby monitors BEFORE you buy :: Buy at a local or online Baby Nursery Shop
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!