Tax Return all in one Place
With the new financial year almost upon us, there is no better time than the present to ensure your tax planning is effective and all records are up to date. Most resident tax payers who earn over the tax free threshold during the course of a financial year (1 July – 30 June) are required to submit an individual tax return to the Australian Tax Office. However, certain tax payers whose income is under the threshold may still be required to lodge, depending on their circumstances.
To help make tax time as easy as possible for you, The Quinn Group has put together a handy Tax Record Kit. Our kit is split into 3 sections – income streams, expenses and other items which will help you organise your tax documents for this financial year. You should retain relevant taxation records for five years. Once completed, just send your kit back to us and one of our accountants will prepare and lodge your return.
At The Quinn Group, we can help you legally minimise the amount of tax you are required to pay. If you would like tax advice or need to lodge your return contact us on 02 9223 9166 or submit an online enquiry.
The Quinn Group has a range of useful resources available to download for FREE. Visit our Free Resources page to explore the range, including our Tax Record Kit.