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How to maximise your tax return this year

How to maximise your tax return this year

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Tax season begins on July 1, with 40% of Australians now preparing their own returns. Key advice includes waiting at least three weeks before lodging to allow the ATO system to pre-populate information, avoiding double-dipping on deductions like working-from-home expenses and mobile phone claims, and keeping proper records of all deductions. Budget changes announced this year won't affect current returns but will apply to next financial year's lodgements.

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