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Re: tax free threshold ???

I'm new

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Replies 1

I have been with my employer for ten years and now I will be getting a new job and need to fill out new tax form dec... I am confused as to what I answer to the question, of tax free threshold yes /No.... As this is a new employer do I answer yes? or because its in the same financial period and I have exceeded threshold 18500 do I answer no? I don't want to pay a hefty bill at the end.... someone help please?

 

 

thanks

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Accepted Solutions

Most helpful response

Devotee Registered Tax Practitioner

Replies 0

Hi @MissT21 

 

Usually you answer no if you have to jobs at the same time so if you stopped one job and started with a new employer then you can choose to claim tax free threshold

 

Hope this helps

1 REPLY 1

Most helpful response

Devotee Registered Tax Practitioner

Replies 0

Hi @MissT21 

 

Usually you answer no if you have to jobs at the same time so if you stopped one job and started with a new employer then you can choose to claim tax free threshold

 

Hope this helps