The Truth About Tax Returns & Tax Deductions in Australia (Explained)

Unfortunately, how this system actually works has been kept a secret from most Australians but today I will share all the important details with you. You will learn how to pay less tax through reducing your PAYG withholding, the truth about tax returns / tax bills (why accountants will say a big tax refund is a BAD thing) and how tax deductions actually work (tax deductions explained Australia). Varying your PAYG withholding: https://www.ato.gov.au/individuals/wo... WHAT WE USE: 📊 Crypto Portfolio Tracker (Navexa) - 10% DISCOUNT → https://www.connorandalan.com/navexa ✍️ Stock Portfolio Tracker (Sharesight) - 4 Months FREE → https://www.connorandalan.com/sharesight FOLLOW US: Podcast Channel →    / @2chairs1table   Insta →   / connorandalan   TikTok → https://www.tiktok.com/@connorandalan... OUR BUSINESSES: ⚽️Elite Football (Alan) → https://www.elitefootball.com.au 📚Yourcompass (Connor) → https://www.yourcompass.com.au For business enquiries, you can reach us at → [email protected] MUSIC: Better days (Prod. by Lakey Inspired) Wine (Prod. by Lukrembo) Sunny days (YouTube Audio Library) Highball (Prod. by Lukrembo) To pass time (YouTube Audio Library) DISCLAIMER: Some of the links on this page are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one. We very much appreciate your support and hope to continue providing free content. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The information in this video does not constitute financial or other professional advice and is general in nature. Connor and Alan are not financial advisors nor are they liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, in this video.