How to Get a Big Tax Refund

Written By Guest User

Hi Scott,

I had my tax done this week and found out that I have (finally) paid off my HECS debt! This is great news, but my accountant advised me that I cannot let my workplace know that this is the case, so I can ensure a decent refund next year. This sounds like a great plan. But I am in my 30s and there is a reasonable voice in the back of my mind wondering if I should do something else with the money.

Sam

Hi Sam,

You don’t have a HECS-HELP debt anymore. So why is your accountant advising you to keep deducting repayments?

My guess is it’s one of two reasons: either your accountant thinks you’re a little dopey and that you can’t be trusted with your money, or your accountant is a little dopey and can’t be trusted with your money.

Over to you!

Scott

Guest User
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