The Facts are in!
More Australians lodge their tax returns with a Tax Agent
The Australian Taxation Office has released summary details of the 12.3 million people who lodged their tax return in 2011. Take a look at these interesting statistics from the ATO:
- 76% of all tax payers used a registered tax agent such as Etax Accountants.
- Only 19% of tax payers install and use the government's E-Tax software.
Some taxpayers believe that by going direct to the ATO they are saving money. Our experience is that those who lodge directly often miss important deductions and offsets that could save them money.
And, these missed deductions can add up. A report by Today Tonight showed that those who lodge directly with the ATO pay on average $1000 more tax than those who use qualified accountants like Etax. More interesting numbers from the ATO:
- 38% of tax payers donated to charity and claimed the donation as a deduction.
- 65% of all tax payers claim some form of work related expenses.
A tax agent can help you make the most of these claims to pay less tax.
There has never been a better time to do your tax return at Etax.com.au. We look forward to working with you this tax season!
(Sources: ATO, 2011;
Today Tonight, 2002)