Announcements
Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
Still not sure? Ask the Community

ATO Community

2 jobs

This post is archived and may not be up-to-date.

I'm new

Views 862

Replies 2

I've just got a second job and have already declared the tax free freshold on my first job so I haven't declared it on my second job but was wondering how do I make sure I don't have a tax deficet at the end of the year when I do a tax return
1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

ATO Certified Response

Devotee

Replies 0

See for which answer what you can do if you expect to have a tax deficit https://www.ato.gov.au/Individuals/Working/Working-as-an-employee/Claiming-the-tax-free-threshold/
2 REPLIES 2

I'm new

Replies 1

As I've combined my annual income from both jobs and my annual tax together and put them in a tax calculator and it comes up with a deficet of $6000

Most helpful response

ATO Certified Response

Devotee

Replies 0

See for which answer what you can do if you expect to have a tax deficit https://www.ato.gov.au/Individuals/Working/Working-as-an-employee/Claiming-the-tax-free-threshold/