How Australians spend their tax refunds

Our infographic tells you the average tax refund and how people say they spent last year's tax return. We also explain some ways to make the most of your refund.

• 77% - Taxpayers likely to get a tax refund this year

• $3,630 - Average tax refund

• 27% - People do their own tax

(Sources: Australian Taxation Office Annual Report 2013/14 & 2012/13)

What MoneySmart users say they did with last year's tax refund:

• 31% - Saved it

• 24% - Paid bills

• 18% - Loans or credit card payments

• 11% - Home loan payments

• 7% - Holiday

• 7% - Other things (including engagement ring, education, car rego/tyres, party)

• 2% - Household appliances

(Source: MoneySmart poll, September 2014 (n-2240))

Make the most of your tax refund: Work out where you can make a difference

Reduce debt stress

• Credit cards

• Personal loans

• Mortgage

• Outstanding bills or fines

Stash it away

• Emergencies or unexpected costs

• Super

• Home deposit

Reward yourself

• Take a break

• Home improvements

• Pamper yourself just a little