Guidelines to lodge Tax Return:

Lodgment of tax return accurately is always very critical & crucial wit ATO.For lay man it is quite complicated process to understand the tricky tax terms, which may lead to inaccuracies in lodging etax return.

Mistakes and inaccuracies even in simple tax return may result in either overpayment or may be in underpayment that leads to penalties plus interest. Consulting  tax agents for lodging tax return will help to lodge correct tax return which is helpful to avoid penalties and fines. Another benefit to consult tax professional will helpful to meet deadlines for filling tax return and sometimes also helpful to sort out complicated tax return situation.

To lodge tax return whether an individual try to do own its own, or consult tax expert need to have record of

  • Payment summaries details from his employer, superfund and centerline etc.’
  • Statement of bank showing interest received if any.
  • Receipts of work related expenses, donations and gifts.
  • Need to provide spouse income or expenses details if any.
  • Details of child support fund if receiving any.
  • Receipt of dividend payments on any investment (shares and any other investment)
  • If you own property, you need to provide details of rental income earned, & other capital expenses related to property.

Start Online Income Tax Return now or you can email us at enquiry@taxrefundonspot.com.au
to get quick Tax refund with in 1 hour.

Comments are closed.