The tax office website has crashed as too many Australians try to submit their return at the same time to get some cost-of-living relief.
Australians inputting their tax file number to file a return encountered delays on Monday morning on the first day of the new financial year.
‘Hang tight! You’re in the queue,’ a message said.
‘To ensure the best experience when you gain access to our online services, we’re currently managing the number of people who can login.
‘Thanks for your patience.’
Those hoping to submit a return today are advised to wait.
‘To keep your place in the queue, don’t refresh this screen or close the browser,’ it said.
‘To avoid the queue, try again later.’
The tax office website has crashed as too many Australians try to submit their return at the same time to get some cost-of-living relief
Labor’s revised Stage Three tax cuts come into effect on Monday, marking the start of the new 2024-25 financial year.
But Australians are only able to submit their returns for 2023-24, with many hoping to claim work-related expenses in a bid to reduce their taxable income and get a refund to help pay the bills.
The Stage Three tax cuts will see 13.6million taxpayers get relief after Labor revised the former Coalition’s government’s relief package to give more sweeteners for lower and middle-income earners.
Part-time workers earning $45,000 a year – or less than new the full-time minimum wage of $47,627 – are getting back $805 a year instead of nothing.
Those on $80,000 – slightly more than the average wage of $74,500 – get back $1,679 instead of $875.
Labor has kept the 37 per cent tax bracket for those earning between $135,000 and $190,000.
Meanwhile, the 45 per cent tax bracket will kick in at $190,000 instead of $200,000.
That means high-income earners on $200,000 get back $4,529 instead of the original $9,075.
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Read more at DailyMail.co.uk