Yep, you read it right. Ripped off...
Some might argue, that depending on how you look at it, I haven't really been ripped off - I've had a bit of a win. But I feel I've been ripped off..!
Why? Well, let's just put it this way, in Australia, unlike in England (well unlike I ever experienced anyway), every year you must put in an income tax return. The idea is that obviously throughout the year the Government rips off Australians through the tax system and therefore at some point gets caught out - through the income tax return.
The last income tax return I did allowed me to travel to England, it was that substantive. So you could forgive me for thinking I would have a bit of a windfall this time around - as obviously I haven't put in a return in 11 years - so surely I would be owed a substantive amount.
The problem is, during this 11 years, I have accrued 2 properties - which makes the income tax return somewhat tricky. Not the sort of thing I could do on my own, that's for sure.
So, I rocked up to my last accountant, the lovely (not) H&R Block, complete with my rather overflowing box of 11 years worth of receipts, contracts, and paperwork relating to my tax. The guy there, the so-called "manager", took one look at the box, and, I swear, audibly groaned. Suffice to say he was extremely unimpressed by the prospect of the honour of completing my tax.
But still I gave him my box, and headed off. Until 3 weeks later, when I phoned to find out the progress on said box - and discovered he hadn't even taken the lid off it. So, under the premise of "I need some paperwork from the box, and would sort it out into financial years", I rocked back up to H&R Block and picked up my box - never, ever, to darken the door of that establishment again.
Doing my research, I realised that I would need an accountant who knew a bit about property investment, which is how I found my current one. I made the necessary appointment and rocked up there with the box. A 30 minute consultation later and I had been assured that they would do the very best for me.
The only problem is, in choosing to return to Australia mid tax year, I would appear to have disadvantaged myself taxwise, as clearly I can only get back that tax which I have paid - and having only worked not even 6 months of the tax year, that is a relatively paltry sum in comparison to that which I could have earned had I been working for a full 12 months. Alas, this can not be helped.
But what could have been helped, and should have been helped, is that I should have checked what this new accountants' fee would be. I didn't, and now I am seriously paying the price.
Because the blighters have charged me a whopping $250 per hour to complete this return - and suffice to say with 11 years or so, it has taken the guy about 10 hours or so to do the work. So, today, he presented me with the outcome - a paltry sum in comparison for a return, similar to that which funded my airfare to England 11 years ago - which was achieved without the so-called 'benefit' of negatively-geared property - and from which will come the whopping $2500 fee for the privilege.
You. Have. Got. To. Be. Kidding!
So again, Kylie gets seriously ripped off - this pittance refund will only make a tiny dent on my credit card bill, let alone do what I had hoped, which was fund a return trip to England, or at the bare minimum, buy me a Mac Mini... or enable me to get proper broadband in my house...
Crap!