Personal Tax/General
When is my tax return due?
Most of our clients tax returns are due around March – May of each year. If you have not seen an accountant before and it is your first year as our client, you will need to be added to our lodgement program before 31 October to obtain this extended due date. Contact the office to have this arranged for you.
Will you take payment for services out of my refund cheque from the ATO?
Payment for services rendered is required prior to lodgement of your tax returns.
Do you offer after hours or weekend appointment times?
Unfortunately not. Our appointment times are 9am to 4pm with one hour being allocated. Additional time can be requested, please contact the office if this is required.
I have been receiving a car allowance for the first time this year and have not spent all of it – what happens in my tax return?
If your car expenses are less than your allowance then you will be taxed on the difference. Depending on how your employer treats your allowance they may or may not have taken out enough tax to cover this. Just remember that your allowance is taxable income, so any amount not spent on tax deductable items will be taxed at your marginal tax rate.
I have to wear a suit to work, can I claim the purchase and or laundry?
Clothing items are only deductible where they have the company logo (prominently displayed) or are occupation specific, such as steel capped boots and lab coats.
I work for a construction company. I am responsible for taking my own tools to and from work, can I claim anything for my car even though I go to the same place every day?
Yes, if you have take tools (or other bulky equipment like musical instruments) you can claim the use of your car. You can use any of the methods available, providing you keep a log book!
I’ve heard that I can claim something for medical expenses, how does that work?
Once your medical expenses for the financial year total over $2,060 you are entitled to a 20% tax rebate. All members of your family can be grouped together to reach this threshold. Medical expenses can include, but are not limited to: visits to the GP; specialist appointments; prescriptions and other medication purchased from a pharmacy (but not panadol from the supermarket).