So, just trying to figure out the Australian tax system out. If any of you are experts on the matter, I'd appreciate it if you can clarify some of these points. So here's how I understand it so far. Please correct me if I'm mistaken anywhere. - The tax year runs from the beginning of July to end of June the year after. - Your first ~$6000 (or so) of income is tax free. - Beyond that amount, you can start adding tax deductible items such as education, public transit, etc to lower your total taxable income. So at this point, here are some things where I'm still unclear. 1. After the tax year is over, how long do you have to file your taxes? (for any adjustments) 2. For lowering your tax income, is there a certain "minimum" of taxable deductions that you need to see any real benefits? (I ask because it's like this in the U.S., where one can get a "standard tax deduction" of ~$4500, so if your total amount of your deductions is below that, you just take that standard deduction) 3. What are some of the more typical deductions that an average Joe, with just a regular salary income, and no kids, would take?