Remember, there is no such thing as a silly question, but not asking in the first place is.

Every tax return is unique so it’s difficult to speak in general terms. But there are a few questions I get asked all the time so I thought I better answer them upfront.

 

Why should I use a tax agent?
You need to ensure that you comply with the current tax laws and regulation. But those laws and regulations can be confusing and difficult to understand, and they’re constantly changing and evolving. A Registered Tax Agent will be up to date with the latest legislative changes and will take away the “scare” factor of you having to deal with the Australian Taxation Office (ATO) directly.


Can I claim this? My friend does.
The funny thing about tax (yes, there is such a thing) is, it doesn’t necessarily apply the same to everyone. Generally speaking, to ensure a claim is allowable, it needs to have a connection with your income earning. A tradie will have different items to claim compared to, say an office worker.


How long does it take to get my tax done, and when will I get my refund?
Normally, the interview process in preparing the return takes about an hour, depending on the complexity of the retun. Once prepared, an electronic e-sign PDF is sent via email and a secure portal (this speeds up the process). Once lodged electronically with the ATO, your refund can be in your bank account within a week.


What would you like to do next?