If you worked in any of these countries, you could be due a Tax Refund

Cha-Ching! How Do We Spend Our Tax Refunds?

#News #TaxTipsGeneral #Featured

There is nothing quite like that sigh of relief as we emerge from the panic of tax season. Climbing out from the rubble of our receipts, a faint but shimmering light hovers in the distance in the form of a tax refund.

So, how DO we spend our tax refunds?

According to a Google consumer survey conducted by GOBankingRates, a lot of people put it into savings or pay off debt. 5,000 people responded to the survey which asked, ‘’what do you plan on doing with your tax refund?’’


The results were as follows:

Stats Source-GOBankingRates

So it’s good to see that most of us who get a tax refund choose to use it wisely. However, sometimes it’s tempting to splash the cash; that pair of shoes you’ve always wanted, a dream holiday, or a gift for a friend!


So...if you're looking for some inspiration..here is how 12 people spent theirs!


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1. Giant Teddy Bear:  You could turn your tax refund into a cuddly friend for a loved one.






2. A Boat: Ever dream of partying in your very own floating gin palace?  Close enough.






3. Protein supplements: Looking to bulk up in line with your bulked up bank account? How about some protein supplements?





4. A Rifle: Because the only thing scarier than doing your taxes is everything else and you need to protect yourself?!



The average Irish tax refund is €1076.17



5. Scissors: Who doesn’t salivate at the sight of a shimmering pair of new scissors?  Especially if it comes in a swanky case accompanied by an array of fine clipping utensils.




6. Homeschool CurriculumHomeschooling your children?  You can when you buy their entire homeschool curriculum with your tax refund. 




7. New Carpet: I wonder how long that carpet will stay ‘new’? 




8. Tattoo: If you’ve ever wanted to get a picture of a woman’s face on your shoulder, you can do it with your tax refund.





9. Guitar: The neighbours are going to LOVE this.  





10. Food Processor: No more crunching numbers; it's time to liquidize!


11. Art?!





12. Toys: A tax refund brings out the kid in all of us.



The average Irish tax refund is €1076.17



Happy spending!

And don’t worry if you didn’t get a tax refund, there is always next year...

About The Author

Ciara Kennedy - Digital Content Writer @ Taxback.com

Ciara is our Digital Content Writer at Taxback.com. Since graduating in Journalism and Visual media, Ciara has worked in online marketing in Ireland and Australia and loves writing in all its forms.

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