this post was submitted on 09 Jul 2023
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Why do I owe money to the ATO? (aussie.zone)
submitted 2 years ago by ReverseThePolarity@aussie.zone to c/ausfinance@aussie.zone
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I just completed my tax on my gov and the estimate says I owe nearly a thousand dollars. I'm not earning any more than last year and I got about 800 back last year. Anyone else having this issue?

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[–] cccc@lemmy.world 1 points 2 years ago

The low-middle income earner offset is gone this year so I imagine there will be quite a few people not getting as much back.

Doesn’t explain owing money though.