Individuals
- Group Certificates / Payment Summaries
- Employment termination statements – including any superannuation statements
- Family Tax Assistance statement – as received from Centrelink
- Bank interest – Ring your bank to obtain the exact amount or bring in July bank statement
- Dividend Statements
- Centrelink Statement of Benefits – including Pensions, Job Start, etc
- Receipts for expenses
Business
- Bank statements
- Invoice books
- Computerised backup (e.g MYOB or QUICKEN) / or paper cashbooks
- Cheque butts
- Receipts
- Contracts for sale or purchase of capital assets e.g motor vehicles
- Wages books / records – group certificates given to employees
GST
- BAS form
- Bank Statements
- Invoices – income
- Tax invoices for expenses
- Cheque butts
- Wages records e.g for employees
If you’re having trouble reviewing and signing documents, download the PDF below for a step by step guide on how to complete this.
Last year the Australian Tax Office (ATO) was able to process almost 90% of returns within 14 working days. We are expecting this year however, that some delays may be encountered due to data matching between the ATO and Centrelink. If your refund has been with the ATO for more than 21 days please feel free to contact us.
We can prepare and lodge all past year’s returns together at the same time. The current year’s refunds will be returned in the normal period but there may be slight delays with refunds coming from the ATO for previous years returns and possibly not arriving together.
Some individuals do not have to lodge a tax return. Each person’s situation will differ due to age, income and expenses. Seek expert advice from Greenway Accountants and Consultants.
Under some circumstances receipts are not required, but in order to maximise your tax deductions, we recommend you retain all your work and business related receipts and bring them with you at the time of your return preparation.
You may receive a fine or interest penalty charge from the ATO if you lodge your return late. Generally if you are entitled to a refund those penalties are minimal. Greenway Accountants and Consultants has lodgement extension facilities that will minimise such charges.
No. The tax you are required to pay is calculated on your total income earned during the whole year. Whether all your income is earned in 1 day or 12 months makes no difference.
Don’t panic, most audits can be resolved with a minimum of fuss. Each audit is different so please contact us if you are audited or have concerns with your tax return.