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Location:
sunny coast, qld
Registered:
October 2002
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Re: My Tax Sucks - Help
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Tue, 12 July 2005 13:54
 
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you have to put interest in if you receive $1 or more. Most banks will have a summary on the June statement.
If you are classed as an australian resident for tax (which I would think you are) you will get the tax free threshold of $6000 and you will get all your tax back. If you aren't a resident then you don't get the tax free threshold.
I wouldn't be including allowance from parents as it is just a "gift" right 
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