October 19, 2025
Tax Deduction vs Tax Refund: What’s the Difference? Published: 19 Octiber 2025 Gotax Publishing Introduction: Why This Matters Every year, thousands of Australians lodge their tax returns without fully understanding the difference between a tax deduction and a tax refund. These two terms are often used interchangeably, but they refer to very different parts of the tax process. Knowi