With the 2023 financial year now finished, it is time to think about preparing your tax return. Below are links to our checklists designed to help you collate the information we need to prepare and lodge your tax return efficiently.
To make a tax return appointment, please contact our office on (03) 5382 4761 or book online here. Our team can meet with you in person, online via Microsoft Teams or Zoom, or work through your tax return over the phone.
Looking for Business, Investment or Self-Managed Superannuation Fund tax advice and preparation? Please contact our office to discuss your requirements with one of our Accountants.
You will no doubt hear that individual tax returns are due for lodgement by 31 October. This is true if you are lodging yourself via myGov, but if you’re using an Accountant the due date may be different.
Your tax return will be due by 31 October 2023 if:
If lodging through a Tax Agent, your tax return will be due by 31 March 2024 if your last tax return resulted in a tax liability of $20,000 or more.
Your tax return will be due by 15 May 2024 if you don’t fit into the categories above.
Our fees to assist with the preparation of your 2023 individual tax return are as follows:
The following items attract additional fees:
** Please note, the fees outlined above are subject to complete and tidy information being provided. Incomplete records may incur additional charges **
If you need help to lodge overdue tax returns or amend a tax return you have lodged via myGov, please contact us to discuss.
We require payment upfront at the time of preparing your return – we do not offer deduction of fees from refunds.
Would you like additional protection in the event of a Tax Office audit? We offer ECCC covering accounting fees relating to income tax audits as follows:
Generally, tax records must be kept for 5 years from the date you lodge your tax return. Some specific situations require different time frames. See the Tax Office website for further information or discuss with your Accountant.
Need help keeping your records together? The Tax Office app has a record keeping function called myDeductions where you can keep track of all of your receipts including photos!
Not sure if you need to lodge a tax return?Generally, if you earn less than the tax-free threshold you will not be required to lodge a tax return, however there are circumstances in which you will need to lodge.
For more information and to use the Tax Office Do I need to lodge a tax return? tool, visit the Tax Office website.