Tax Refund Advance

Tax Refund Advance allows you to access up to 50% of your estimated tax refund, to a maximum advance of $1,000 for a fixed 5% transaction fee. It is available to existing H&R Block Fee From Refund clients and is provided in partnership with Beforepay. Eligibility criteria applies. The Tax Refund Advance is a loan; it is not your tax refund.

Beforepay is our chosen partner for our Tax Refund Advance service and is a mission-driven organisation focused on providing ethical lending services in Australia. Their best known product is Pay On Demand™.

To be eligible for an invitation to Tax Refund Advance with Beforepay, you must meet the following conditions:

1. The minimum estimated refund from the Australian Tax Office (ATO) as calculated by H&R Block is $1,000.

2. You have no prior Fee-From-Refund or other Debts outstanding with H&R Block.

3. You have no outstanding debts with the ATO.

4. You have no prior garnishments of tax refunds by Centrelink, Child Support or Insolvency.

5. You have no outstanding tax returns from prior years.

6. You are an Australian resident and over 18 years of age.

By applying for a TRA, you acknowledge that H&R Block may receive a referral fee or other financial incentive for referring you to Beforepay.

Once you receive your TRA invitation:

You will need to set up a Beforepay account, connect your bank and complete an ID Check to verify your eligibility, before you can Cash Out from Beforepay. You will be entering a separate agreement with Beforepay. Refer to the Beforepay website for their full terms of service and privacy policy. H&R Block may receive a fee share for referring you to Beforepay.

Please note, Tax Refund Advance is only available for current income year tax return. That is, the tax year from 1 July to 30 June.

Tax Refund Advance is available for FY22-23 tax returns from 1 July 2023 – 30 June 2024.
Tax Refund Advance is available for FY23-24 tax returns from 1 July 2024 – 30 June 2025.

No. Using Tax Refund Advance with Beforepay will not impact your credit score. Beforepay uses their own assessment criteria as part of their screening and verification process, which analyses your income and expenses to determine your eligibility. This is not a credit check. Beforepay will not appear as a credit enquiry or account on your credit report.

If your application is approved, in the majority of cases, the funds will be available in your bank account within minutes after Cashing Out the Tax Refund Advance. However, in some cases it may take up to 2 business days.

In most cases, your Tax Refund Advance will be repaid once your tax refund comes through. H&R Block will repay your Tax Refund Advance when  your tax refund is received from the ATO. Your total repayment (including the 5% transaction fee) will be deducted from your tax refund by H&R Block before sending the balance to you.

If your tax refund is not received by the due date, or is less than your advance, your outstanding repayments will be debited from your bank account based on a schedule agreed to at the time of cashing out the Tax Refund Advance.

If Beforepay have already started deducting repayments from your account, these will be considered partial payments and will be credited against your balance owing and any remaining repayments will be adjusted accordingly.

You can opt to settle your repayments before your scheduled debit date using Beforepay's ‘Repay early’ function from 2 days after you Cash Out.