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In Australia we have something of an in-between approach. Essential tax data (e.g. total income and withheld tax) is sent directly to Government by your employe
by simondotau 5y ago
In Australia we have something of an in-between approach. Essential tax data (e.g. total income and withheld tax) is sent directly to Government by your employer and it is pre-filled into the relevant fields of tax filing software developed and maintained by the Government.
However it is not a "one click to accept the default" system because there's still a lot of important information it does not know.
- foxpurple 5y agoThey have some awesome tools built in to the tax form. The asset calculator lets you put in stuff like “I paid this much for an office table” and it tells you that the expected lifetime is 10 years and it will automatically insert the deduction for the next 10 years without you having to think about anything.