Late Tax returns
how to better claim common tax deductions
how to better claim common tax deductions This tax season is going great so far. The ATO are seemingly quiet and are processing some tax returns as quickly as 5 days. Some areas to prepare your deductions before your tax return appointment are: Doing a diary of working from home hours and…
Read MoreATO tax 2022 focus
ATO tax 2022 focus Tax return time: ATO priority areas The ATO’s 2021-22 tax time focus areas for individuals are: record-keeping – ensuring that proper records are available and data-matching to check correct amounts are reported. Examples of targeted areas are – having receipts for deductions, keeping car expenses logbook or km diary, diary of work…
Read MoreATO Scam tips
Why it is important to protect your tax file number. Some of you may already be aware how important it is to protect your tax file number (TFN) from getting into the wrong hands. Crooks can use your TFN for TFN fraud, such as present themselves as you to the ATO , do your tax…
Read Morewhat is new for tax 2021
Changes to tax returns 2021 ATO Warning – Copy & Pasting Claims ATO are setting their sights on work related expenses (such as motor vehicle, travel claims, laundry, uniform purchases and business trips). The expectation is that these deductions should reduce for taxpayers who were working from home during COVID 19. However, the ATO…
Read MoreWork From Home Tax Deductions explained
Work From Home Tax Deductions explained We understand that due to COVID-19 your working arrangements may have changed. If you have been working from home, you may have expenses you can claim a deduction for at tax time. Home Office deduction on tax return: requirements, records to be kept, what can be claimed. why…
Read MoreWhen to lodge your tax return by – with your tax agent
When do you have to do tax return by? Today we are explaining when you have to do your tax return by when you have a tax agent. If you have already done your tax return for this year you can listen to this for next year in case you ever need to lodge later…
Read MoreWhat Happens If You Lodge Your Tax Return Late?
Sometimes life throws things in our path that get in the way of important deadlines like our tax returns and we find ourselves on the other side of the due date. Sometimes we deliberately don’t want to submit our tax returns for fear of the tax debt. Whatever the reason for getting behind, penalties can…
Read MoreGet Your Finances Back On Track With A Qualified Accountant!
A qualified accountant, such as one from Tax Accounting Adelaide can help you get your finances back on track. If you’ve ever struggled with keeping up to date with your income and expenses, been swamped with a messy pile of receipts and invoices that only gets sorted at tax time each year, Tax Accounting…
Read MoreProud Green and Paperless Office
Tax Accounting Adelaide is now paperless and greener! Since starting the business back in 2010, we had many paper-based system and began to grow our filing cabinets full of client files. That was fine and also, I was trying to do the best I knew at that time. More recently, however, I wanted to…
Read MoreHow Tax Accounting Adelaide can assist YOU!
Our services include: Tax Returns Individual, Business, Self-Managed Super Fund Advice Capital Gains, Property, Starting a new business or buying a business, Working overseas, SA land tax, and many more! Accounting New Software Implementation, Performance Reporting and Meetings, Bookkeeping, BAS returns. Business Improvement Services Coaching, Small business marketing, Business check…
Read MoreTake the Stress Out Of Tax Returns With Tax Accounting Adelaide!
Do you want to reduce the stress and increase the return in your Tax Return? Read on to find out how you can benefit from choosing Tax Accounting Adelaide as your tax agent. A face to face service with tax agent Tax Accounting Adelaide is most likely to prompt and uncover the most…
Read MoreYour Guide To Choosing The Right Accountant
Choosing the right accountant for your personal and professional needs may seem daunting but it’s a necessary step for you to maximise your current financial position and proactively plan for your future. The right accountant can do a lot more for you besides preparing your annual tax return. This important relationship should benefit you financially,…
Read MoreHow A Registered Tax Agent Can Help You This Financial Year
You may believe your tax agent’s sole purpose is helping you with your tax return at the end of the financial year, however, this is only part of the services they usually offer. In most cases and depending on your circumstances, they are able to offer valued support in other ways. Here are some of…
Read MoreWhy you need an accountant
Why you need an accountant Why do I need an accountant? You may be asking. Perhaps you have never used one and do your own or have not seen fully what they can do to be worth more than their investment cost. Here are some reasons why a professional tax agent may be able to…
Read MoreWhat to Bring for Your Individual Tax Return
So what do you need to bring for your individual tax return appointment? 1. A copy of your last tax return 2. Your tax file number 3. Payment summaries of employment government or super payments 4. A hospital cover tax statement 5. Bank interest and dividend amounts 6. Your bank details for your refund 7. Your…
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