We can download most of your income and health fund details from the tax office computer however to ensure we do not miss anything be prepared by having a list of income and expenses as well as if possible having the documentation on hand.
What we need from you:
PAYG Payment Summaries (previously Group Certificates) You should be provided a copy from your employer.
Payment Summaries from Centrelink for example, Newstart, Youth Allowance, Disability Pension
Eligible termination payments
Interest earned from bank accounts
Share dividend statements
Annual tax statements from trusts, managed investments, property and cash management trusts
Income and expenses from investment properties
Deductions & Expenses
A list of work-related expenses that you have receipts for. (we will make additional cla).
Klms travelled for work or logbook/diary entries
Interest and fees on investment loans
Donations to charities (unless you get a ticket to win something in return, those ones don’t count)
School building levies and library funds
Fee charged for previous year’s tax return
For Rental Properties: Rates, Taxes, Insurance, Interest on loans, Real Estate Agents Statement, Repairs
Income protection or Sickness and accident insurance
Private health insurance
Any extra superannuation contributions
Amount of HELP debt or Financial Supplement loans outstanding
Out of pocket medical expenses for disability aids only in excess of $2,265
Bring the details of your spouse, including their date of birth and taxable income to check if you may be eligible for tax benefits.