Individual tax returns from $110 - $130
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Australian tax Office places a very high emphasis to ensure you have the right records for tax purposes, when lodging and preparing tax returns. Record keeping involves recording transactions, and keeping relevant receipts to substantiate all the expense claims.
Every year a lot of people miss out on claiming a significant number of tax deductions because they failed to keep a proper record of their expenses.
Some of the records that you can keep to ensure you claim all the possible deductions are:
If you’re not sure whether or not you should keep a record of something, keep it – you can consult your accountant or tax agent at tax time.
Unsure of what kind of records you should be keeping for your tax return? Give BookSmart Accountants Cranbourne a call today on 1300 300 106 to find out.