New Form of Publishing

Reference: Google

Have you done your tax return yet?

The closing date was on the 31st of October and about a week ago and my friends and I were frantically trying to fill up the form the day before as we had to drop it off at the post office. Later did we realise that we can do everything online now. 

E-tax is a new software the Australian government has introduced in the year 1999. It was tested out with a small group of individuals before making the software available for everyone.

Online forms have not only helped us save the environment but also made it more convenient and simple for us to file our taxes. Online tax return only takes about 10 minutes to complete and within 12 business days to get your tax refunded fully. It is much faster than filling up a conventional form and you can do it anywhere with a computer and internet connection whenever is convenient to you. Sometimes individuals find that they have no time during the day and if they have filled up a tax refund form, they will have to either post it or drop it at the tax office. However, with the convenience and availability of the online tax refund, individuals do not have to do that anymore. 

This has changed the way we fill up the form as well. For a paper document, we have to fill up everything on our own. With e-tax, we can now just verify our identity and most of the important information will be filled up for us using one of the programs in the software called pre-filling. It can also ensure the accuracy of the information with just a few detailed information from the individual like the tax file number and also the bank account number. 

Calculating your tax refund can be very stressful sometimes and hiring an accountant to do it for you will cost money. Therefore, with the availability of e-tax, we can calculate it all by our own without the need of an accountant. This will save us a lot of money. In addition, e-tax also help companies to fill up their taxes quickly and accurately.

In my opinion, this movement to use online tax refund benefits the younger generation as well. It will be much more convenient for them especially since they are online most of the time. Offices now should start moving towards a paperless environment and what better ways to do it than to do it online.