The first thing to do if your tax refund is not what you expected is to carefully review your file and make sure your tax return matches your expectations. If it doesn’t look right, you might want to take action.
The best course of action is to speak with a qualified tax adviser. Our skilled tax consultants at Active Tax are available to help. After reviewing your return, we’ll make recommendations on how to identify any inconsistencies or issues.
How to Increase Your Tax Refund Next Year
To work on maximizing your future tax refund, it is crucial to work with a reliable tax consultant. A lot of people can miss some deductions that could potentially increase their refund, such as depreciation for home office equipment, contributions to superannuation, education expenses, and fees for financial advice (check our previous blog to know about frequently missed tax deductions). When appointing a professional accountant to lodge your tax return, you want to ensure that you are taking full advantage of all eligible deductions.
At Active Tax Services, we are dedicated to helping you claim every deduction you are entitled to, ultimately boosting your refund. Allow us to support you in optimizing your tax return and achieving the best possible outcome for future tax seasons
