Tax Agent Sydney - Sydney Tax Agent

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Tax Return Preparation

Tax Agents Sydney Are Your 

Tax Return Preparation Experts.

With more than fourty fives years of experience, at Tax Agents Sydney our team of highly qualified accountants and tax agents are dedicated in ensuring that you are not paying too much tax, that each and every year you are improving your financial position, you are making more money and putting more money in your pocket. We work with you one on one and make sure that your Tax Return Preparation is easy.

Guy Pounder is the head accountant at Tax Agents Sydney. He has been providing specialist accountancy and taxation advice for over 40 years. He is a Tax Return Preparation expert and has helped thousands of Australian save thousands of dollars, grow their property portfolio and pay little to no tax.
Tax Agents Sydney

Tax Return Preparation

Call Us Now At Tax Agents Sydney

On 02 9540 3866

And Ask About Our Two For One Limited Special Offer

For All New Clients

Tax Return Preparation In Australia

The Australian tax system depends on self assessment being completed by taxpayers. Therefore individuals are responsible for calculating how much they have to declare or claim on their tax return. Taxpayers will also need to be able to demonstrate how they calculated any figures; therefore individuals may be compelled to provide evidence in some circumstances.

To be able to complete an accurate tax return and demonstrate any claims made, taxpayers need to keep details and accurate records. Any records that taxpayers will need to retain are dependent on their personal circumstances. In case of any doubt it is always preferable to hang onto too many records rather than too few.

Keeping Records for Tax Return Preparation

In the event that the ATO asks them to prove the information provided on a tax return; individuals should maintain records to help them or their tax agent fill out the tax return. Individuals will need to provide written evidence of their income along with any expenses and they should always keep accurate records to ensure that they are able to claim all what’s rightfully theirs.

 Taxpayers should keep records ready for tax return preparation as follows;

  • Medical expenditure.
  • Payments received.
  • Tax deductible donation or gift.
  • Expenses associated with payments received.
  • Acquisition or disposal of an asset.

For example an investment property.

Further Reading

ATO covers many topics on tax return preparation at: http://australia.gov.au/topics/economy-money-and-tax/tax/tax-returns

More specifically,  the Tax Pack 2011 is designed to assist you in completing the  2011 tax return and this is available from;  http://www.ato.gov.au