To put it simply: the ATO’s job is to collect taxes. They are NEVER going to check you claimed all the tax deductions you are entitled to.
On the other hand, the job of a tax agent, like Etax.com.au, is to make sure you claim ALL your tax deductions and claim them in the correct way.
Use myTax and you’re on your own…
If you use the ATO’s myTax to lodge your tax return, you rely purely on your own knowledge of tax law.
Once you sign your myTax tax return you are effectively saying, “I promise this is right.” But are you an expert in tax law?
If, like the majority of the population, you’re not, it’s highly likely you made a couple of mistakes in your tax return.
In fact at Etax, we adjust more than 80% of our client’s tax returns for them with extra tax saving deductions or missing information.
The 3 most common tax return mistakes we see (and fix) are:
Missed tax deductions:
Miss a tax deduction on your return and you’re cheating yourself out of cash in your refund!
If you accidentally leave something off your return, it’ll cost you big time down the track. We make sure the return you submit it fully complete the first time round
Incorrect claims or calculations:
Sometimes you innocently include a deduction that you’re not entitled to, or miscalculate interest or capital gain.
Innocent or not, the ATO can come down hard on you if you claim something you’re not entitled to.
When you make mistakes at myTax, you can quickly find yourself in hot water with the ATO
…Except if you missed tax deductions. You’ll never hear about those, and you’ll never see that missed refund money again!
But, if you make a mistake at Etax.com.au, our qualified accounting team will tell you BEFORE lodgement and we’ll FIX IT FOR YOU so you don’t need to worry.
What are the other benefits of using Etax.com.au instead myTax?
- Bank grade SSL security encryption for all your personal information.
- Two accountant reviews to check your return for errors or missed tax deductions – we really take this seriously!
- Auto pre-fill of ATO and personal details plus prior year claims.
- Real time calculator tells you your estimated refund as you go.
- Suitable for simple and complex returns – including sole traders and property investors.
- Live chat with a real accountant for instant help.
- Year round help with record keeping – photograph and store your receipts directly in your Etax account.
- Small fee is fully tax deductible!
According to the ATO’s own data, 74% of Australian Taxpayers use a registered tax agent to complete their tax return each year!