Why do I owe money to the ATO?
Why do I owe money to the ATO?
I just completed my tax on my gov and the estimate says I owe nearly a thousand dollars. I'm not earning any more than last year and I got about 800 back last year. Anyone else having this issue?
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If you have a HECS debt, it may be due to the fresh increase to indexation
Indexation doesn't affect how much HECS you owe per year though, only the lifetime total balance.
9 comments