Adulting 101: How to Pretend You Understand Your Taxes (While Secretly Skulling VB)

Adulting 101: How to Pretend You Understand Your Taxes (While Secretly Skulling VB)

G'day, fellow battlers! Welcome to the sunburnt country's guide to faking your way through tax time. Grab a tinnie, your TFN, and let's dive into the exciting world of Australian taxation!

Step 1: Round Up Your Dockets
Time to hunt down every receipt you've chucked in the glovebox, under the bed, or used as a coaster. If it's got more beer stains than numbers, it's probably deductible.

Step 2: Decipher ATO Lingo
Stare at your group certificate like it's written in ancient Aboriginal rock art. Nod wisely. Scratch your head. This is what the ATO calls "being a responsible taxpayer." Crack open a VB. You've earned it, mate.

Step 3: Google "What's the go with franking credits?"
Realise you've been voting on this issue for years without a clue. Take a swig. Google "Can I claim my Bunnings sausage sizzle as a work expense?" Take another swig.

Step 4: Have a Crack at the Maths
Remember when your year 10 teacher said you'd use algebra in real life? She's laughing at you now. Try to calculate your deductions. Give up. Grab another tinnie.

Step 5: Consider myTax
Log into myGov. Spend an arvo trying to remember your password. Wonder if "TaxTimeIsCactus2023!" is too obvious.

Step 6: Fake It Till You Make It
When your mates start yabbering about negative gearing, nod sagely and say, "Yeah, nah, it's all about those concessional super contributions, ay?" Nobody knows what it means, but it sounds fair dinkum. Finish your beer.

Step 7: Lodgement Time
Take a deep breath. Double-check that you didn't accidentally claim your kangaroo as a dependent. Hit submit. Immediately panic that you've stuffed it all up.

Step 8: Celebrate
Congrats, cobber! You've successfully pretended to understand your taxes. Reward yourself with a slab and a promise to "get your act together next year."

Remember, the secret to adulting is confidence. If you look like you know what you're doing, you're halfway there. The other half is hiding your confusion behind a frosty schooner.

Disclaimer: This blog is about as useful for actual tax advice as a ashtray on a motorbike. For the love of Vegemite, please consult a proper accountant, preferably one who won't judge you for bringing a six-pack to your appointment.​​​​​​​​​​​​​​​​
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