Tagged With tax week 2012

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Just in time for the end of the financial year, the Australian Taxation Office (ATO) has updated many of its occupation guides, making it easy to work out what particular deductions you're entitled to when submitting your annual tax return. Everyone needs to be careful when filling out their return, but as we've noted before, IT professionals, plumbers and defence force workers need to be especially vigilant, since they're being singled out by the ATO for double-checking this year.

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The financial year hasn't officially finished, but you can already download the e-tax 2012 software if you want to submit your return electronically. The Australian Taxation Office (ATO) has also confirmed that there will be a Mac version next year, but not for 2011-2012 returns.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

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Tax time will soon be upon us once again, so you'll want to get organised and maximise your potential refund. Here are all our Lifehacker Tax Week 2012 posts, gathered together in one location for easy reference.

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Dear Lifehacker, I'm free from debt on all accounts except for a student HELP debt. I have sufficient savings to pay out this debt, however given the low interest rate applied to HELP debt is my money better off invested somewhere else, such as in a high interest savings account? I know some people say you can avoid student debts entirely if you move overseas, and I want to consider my options carefully. Thanks, Prudent Ex-Student

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OK, you can't yet submit your tax return for 2011-2012, but if you've organised yourself, you'll be ready to go in early July, and your refund could follow before the end of the month. If you want to start planning now for what you'll do with that windfall, we have a few suggestions.

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Each year, the Australian Taxation Office singles out specific careers where expenses claims and refund amounts will be more closely scrutinised. The targets this year? IT professionals, plumbers and non-commissioned defence force officers. Plus: all the current ATO guides for deductions in specific jobs.