Tax refunds in advance

  1. Tax refunds in advance via electronic funds transfer (EFT) are only available for tax returns completed over the phone and in Smithton as there is no National Australia Bank in Smithton.
  2. Same Day Tax Refunds are only available from the 1st of July 2015 to 31st of August 2015. After this time, tax refunds in advance are still available by EFT.
  3. A tax refund in advance will not be issued if any of the following apply:
    1. First time lodging an Income Tax Return.
    2. You are a new client (unless you provide us with previous years notice of assessment).
    3. If you owe a debt to any of the following: Centrelink, Child Support, Australian Taxation Office, Family Assistance Office, Collection Agency, Crowe Horwath, Pinnacle Same Day Tax Refunds or any other government agency who may recover debt via the ATO.If you require multiple Income Tax Returns to be prepared.
    4. Any other reason which we deemed at the time.
  4. Tax refunds in advance are not issued above $1,000.00.
  5. Tax refunds in advance via EFT processed before 4pm AEST Monday – Friday will be transferred from our bank to your nominated financial institution on the day your return is processed.
    1. Pinnacle Same Day Tax Refunds make no representations as to the length of time it will take your financial institution to deposit the advanced refund into your bank account.
    2. Tax refunds in advanced processed after 4pm on a Friday will be processed in the next scheduled payment on the following Monday afternoon at the latest.

Pinnacle Same Day Tax Refunds

  1. Same Day Tax Refunds by cheque are only available for tax returns completed in physical offices in Tasmania except Smithton.
  2. Same Day Tax Refunds by cheque are only available from the 1st of July 2015 to 31st of August 2015. After this time, Same Day Tax Refunds are still available by EFT.
  3. Same Day Tax Refunds can be provided as a cheque or Electronic Funds Transfer.
  4. Same Day Tax Refunds processed before 4pm AEST Monday – Friday can be transferred via EFT from our bank to your nominated financial institution on the day your return is processed.
    1. Pinnacle Same Day Tax Refunds make no representations as to the length of time it will take your financial institution to deposit the advanced refund into your bank account.
    2. Tax refunds in advanced processed after 4pm on a Friday will be processed in the next scheduled payment on the following Monday afternoon at the latest.
  5. A Same Day Tax Refund will not be issued if any of the following apply:
    1. You are a new client (unless you provide us with previous years notice of assessment).
    2. First time lodging an Income Tax Return.
    3. If you owe a debt to any of the following: Centrelink, Child Support, Australian Taxation Office, Family Assistance Office, Collection Agency, Crowe Horwath, Pinnacle Same Day Tax Refunds or any other government agency who may recover debt via the ATO.
    4. If you require multiple Income Tax Returns to be prepared.
  6. Same Day Tax Refunds are not issued above $1,000.00.
  7. Same Day cheques can be cashed at selected NAB branches in Tasmania (Devonport, Burnie, Launceston, Glenorchy, Rosny, Hobart and Kings Meadows). There is a $5 cheque cashing fee if you are not a NAB client.

Fees & Processing

  1. There is a 14 day wait on fees deducted from a taxable refund.  Pinnacle Same Day Tax Refunds is not responsible for delays caused by processing, audit or any other requirements resulting from Australian Taxation Office processes or requirements.
  2. Prices quoted on the Pinnacle Same Day Tax Refunds website are for preparation and lodgement of one year only.
  3. Prices quoted are for standard tax returns. Additional charges will apply for extra services such as franking credits, rental property and business schedules.
  4. Pinnacle Same Day Tax Refunds must have received any supporting documentation and accounts must be finalised before lodgement of returns.

Disclaimer

  1. Pinnacle Same Day Tax Refunds is not affiliated or acting on behalf of the Australian Government. 
  2. Pinnacle Same Day Tax Refunds is a Registered Tax Agent

Any and all references to Crowe Horwath International are to Crowe Horwath International Ltd.Not all member or correspondent firms provide the full range of services mentioned within this website.© 2016 Crowe Horwath International

Terms and Conditions updated 29/6/2016 

Check the status of your tax return with the ATO