www.northbrisbanebookkeeping.com.au

WHAT THE ATO IS CHECKING

Many people decide to lodge their tax returns without engaging with an accountant. For some is a very straightforward process. However, for some others, it might be not.

The followings are a list of things the ATO is going to check thoroughly this year, so make sure you have all it’s needed:

  • Proof of purchasing
  • Rental property incomes and expenses
  • Work-related expenses (many have worked from home during the lock-down, therefore any piece of proof is precious)
  • Double-dipping expenses
  • Capital gains from crypto, shares, and property

If you received the help of a professional Bookkeeper and BAS Agent during the financial year, that means you already have all the reports needed and the process is going to be smoother and painless. However, if this did not happen it is highly recommended that you engage with a certified bookkeeper and get your record-keeping sorted before lodging your tax return.

Reach out for assistance, we are here to help!

North Brisbane Bookkeeping
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