Hey everyone,
Since working full time for the past 6-7 years and my salary increasing annually, my tax returns have been significant over the past 4 years or so. I have declared everything and because I work for a government organisation, I have no personal work expenses to claim or any deductions etc.
For the last 3 years, my tax returns continue being roughly around the same number. Say for example last year I earned 116k and my final payslip before the end of the financial year read 68k nett and 48k paid in tax. I assume my ratio is way to high and that is why I get such a significant refund? Furthermore, is it my responsibility to contact my employer or the government to change my fortnightly tax rate or should I just leave it as be if I am happy with receiving a good refund at the end of the financial year?
Cheers and hope I was clear enough above.
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