The end of the financial year is upon us with the average tax refund being $2600, we’ve decided to write a short list of 5 ways you can spend your hard earned cash.
5. Shout every backpacker in your hostel a box of goon and have a massive party
We were originally going to base the calculation on the fact that a box of Sonata Estate soft fruity lexia is $8.99 but then found the value was with buying two for $16.65. This means you can shout 310 people an extra 21 if you get the 2 case combo!
If you want to get a barbeque going we would recommend the following:
$2,150 Goon
$400 Snags, Bread and Sauce
$50 for a washing line to play goon of fortune, maybe get two or three to heat things up.
A prayer that you get good weather
This would be some party and should be to cater for 260 people. Obviously you may want to let your hostel know you are throwing the party in advance 😛 Or hit St Kilda Beach were you can drink during the day!
4. 30 Minute Jet Fighter Ride – Up to 900km/h at 6gs
Well we couldn’t resist, for $2700 you can get a jet suit and helmet on and really feel like a boss!
“This flight is not for the faint hearted. This 30 minute jet fighter flight will have you depart Sydney’s Camden jet base, for an cruise around the blue mountains followed by and extreme session of aerobatics to see the aircrafts full potential followed by a low level simulated bombing run to top it all off.“
Definitely a once in lifetime experience, unless you’ve done your military service before coming on a working holiday
3. Melbourne to Cairns 42 Day East Coast Adventure
Want to treat yourself to a 42 day east coast experience, for $2500-$3000 see it all from Cairns to Melbourne over a crazy 6 weeks of fun and laughter. From Byron Bay, Sydney, Melbourne, Cairns, Airlie Beach, Blue Mountains, Wet and Wild, Fraser Island, The Great Ocean Road and the list goes on.
Make sure to check out Nimbin when travelling through Byron Bay as well! An experience of a lifetime!
2. Spend 7 Nights In Bora Bora – French Polynesia
We’ve all seen the photos of the clear oceans and majestic beach huts, why not treat yourself to 7 nights in the magical Bora Bora islands in French Polynesia. Fiji and Vanuatu are part of the Australian Working Holiday Bucket List but who has done Bora Bora? For $2500-$3500 there’s all inclusive packages with flights from Sydney or Melbourne to Bora Bora.
1. Charter a Yacht in the Whitsundays
Starting from $1500 to charter a yacht – $500 for booze and food and $300 for food, your tax refund should be able to cover this day out for you and your best mates. I don’t even think the flashiest of flashpackers have tried this one before. We’re not talking about jumping on a tour, this is a private party! Imagine cruising around in luxury, sipping on cocktails and soaking up the Aussie sun with your mates!
Now that’s spending your $2600 like a boss!!
Still Confused?
Just get your refund and have a laugh! If you’re still confused about what a tax refund is, I am sure you want to get yours asap. If you’ve been working this financial year, July 1 2014 – June 30 2015 and have paid tax you will be eligible to claim a tax refund.( Or any other financial years) If you are unsure you can use the tax refund calculator or simply lodge your details below and an agent will contact you . Also if you are leaving Australia your super refund, the average super refund is $3300!!! Thats a 1hr jet ride.
Let us know if you have any questions.
Reach out to a tax agent
