Maximising your tax refund is about knowing what you can claim. TaxFox makes this easy with its personalised claims checklist, offering a tailored list of common expense deductions claimed by people in your occupation. This powerful feature ensures you don't miss out on any potential deductions, helping you get the most from your tax return.
Your Personalised Claims Checklist
The TaxFox claims checklist is designed to provide you with a comprehensive list of deductions commonly claimed by others in your field. This personalised approach takes the guesswork out of tax time, ensuring you can confidently claim all eligible expenses.
Why Use the Claims Checklist?
Understanding which expenses you can claim is crucial for maximising your tax refund. The TaxFox claims checklist guides you through this process, making it easy to identify and claim deductions specific to your occupation.
How TaxFox Helps You Identify More Deductions:
Occupation-Specific Deductions: Start by selecting your occupation in the TaxFox app. The claims checklist will then generate a list of common deductions tailored to your job, ensuring relevance and accuracy.
Comprehensive List: The checklist covers a wide range of deductible expenses, from work-related travel and home office costs to educational expenses and tools. This ensures you have a thorough understanding of what you can claim.
Easy to Follow: The checklist is easy to follow, breaking down each deduction category with clear explanations. This helps you understand what each expense entails and how it applies to your situation.
Real-Time Updates: Tax laws and deductible expenses can change. TaxFox keeps your checklist up-to-date with the latest information, ensuring you’re always informed about current deduction opportunities.
Track and Claim: As you incur expenses throughout the year, log them in the app. TaxFox helps you track these expenses and match them against your claims checklist, making it easy to claim them at tax time.
Benefits of Using TaxFox for Identifying Deductions:
Maximise Your Refund: By knowing exactly what you can claim, you can ensure you're getting the most from your tax refund.
Save Time and Reduce Stress: The claims checklist simplifies the tax preparation process, saving you time and reducing the stress of figuring out deductible expenses.
Ensure Compliance: With TaxFox’s up-to-date checklist, you can be confident that your claims are compliant with ATO regulations.
Subscription Plans: TaxFox offers a range of plans to suit different needs:
BASIC (Free):
Save 12 tax-deductible expense receipts.
Log up to 20 work-from-home days.
Save up to $1,000 worth of deductions.
Link 2 bank accounts.
Save up to 15 trips for work vehicle.
Ideal for anyone working from home less than 1 month in the year.
SMART ($8/month, billed annually):
Store 24 expense receipts per year.
Log up to 80 work-from-home days.
Save up to $2,000 worth of deductions.
Link unlimited banks and accounts.
Save up to 60 trips for work vehicle.
Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements.
GENIUS ($13/month, billed annually):
Store unlimited expense receipts per year.
Log unlimited work-from-home days.
Save unlimited value of deductions.
Link unlimited banks and accounts.
Save unlimited trips for work vehicle.
Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week.
Try TaxFox Today!
Don't miss out on valuable tax deductions this season. Use TaxFox's personalised claims checklist to identify and claim all eligible expenses in your occupation. Download TaxFox today on Android or iOS, and ensure you maximise your tax refund. For more information, visit www.taxfox.com.au or follow us on Instagram, Facebook, and LinkedIn.
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