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What are Aussies doing with their tax returns?

Jul 2, 2020
1 min read

Updated: Aug 4, 2021

What are Australians doing this tax season amid COVID19? (According to Finder.com)


38% are putting their tax return straight into savings.

43% are using it to pay off debts. 1 in 10 Australians are using it to help pay off their mortgage.

Our biggest tip for tax time is to be patient; don't lodge too early and risk missing important information. And when you do receive your return, take time to talk to an expert or have a think about what the best financial decision is for you.


To access our financial planning services, and to receive a FREE finance health check visit here!


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Territorial Lease and Mortgage Service Pty Ltd (ABN 75 633 787 998), trading as AAA Mortgages, is a Corporate Credit Representative (528034) authorised under Mortgage Specialists Pty Ltd ACN 050 601 093, Australian Credit Licence 387025.

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