4.png)
FAQ
Registered Tax Agents are registered and regulated by the Tax Practitioner’s Board. They are required to have appropriate qualifications and experience, maintain current knowledge of Tax Law, have professional indemnity insurance and must adhere to a code of professional conduct. By using a registered Tax Agent, your return is being prepared by a suitably qualified person. A Registered Tax Agent is listed at www.tpb.gov.au.
We expect to spend approximately 1 hour with you per tax return to obtain sufficient information to allow us to prepare and submit your return. To save time we recommend you have a look at our checklists to ensure that you have all of the information available at the time of your appointment.
Yes, we can help get you up to date and all returns can be done sequentially from the oldest to the most recent at the same time.
This is dependent on Tax Office processing times at time of lodgement, however once a tax return is lodged, it takes approximately 14 days to receive your refund.
Yes – provided you can demonstrate that your car is being used for work or business purposes.
As of 1 July 2013 it is a Tax Office requirement that all refunds are paid directly into a nominated Australian bank account. We need your bank details in order to complete your return.
Ask your employer for another copy. If this is not possible we can fill in a declaration in the tax return. You will need to know your gross salary/payment and how much tax was deducted. That information is usually stated on your final payslip for the financial year.
There are several methods that you can use to minimise your accounting fees. Here are our suggestions:
- Keep your records up to date. If you are unsure of what you need to do please ask.
- Ask your accountant what they need and the best way for you to provide it.
- If you do your own bookkeeping, make sure that you receive training.
- If you are not sure it may be more cost effective to use an experienced bookkeeper. As you become more familiar with the process you may be able to do some if this work yourself (if you have time).
- Most GST errors occur with the recording of financial liabilities and repayments. It is quicker and less costly to set up these things at the start, rather than amending Business Activity Statements and accounting records at the end of the year.
Rates vary enormously from practice to practice. Our rates are very affordable and depend on the size of your business and the type of service that you require. As a guide, Standard Individual Tax Returns are $99 (Inc GST) and Small Business Tax Returns start from $220 (Inc GST).
Our standard rates are $90.00 per hour + GST for accounting issues and $50.00 per hour + GST for bookkeeping, however this may also depend on the amount and type of service required.
Our standard rates are $90.00 per hour + GST for accounting issues and $50.00 per hour + GST for bookkeeping, however this may also depend on the amount and type of service required.
