tax return checklist

Below is a basic tax return checklist that may be helpful when gathering information for the preparation of your income tax return.

PAYG Payment Summaries
Lump Sum & Termination Payments
Government Pensions and allowances
Other Pensions &/or annuities
Tax Statements of managed investment funds
Interest income from banks and building societies
Dividend Statements
Contracts and details of any shares, business or property sold or purchased
Details of any Crypto currency transactions and relevant summary statements
Rental Property Statements and details of other expenditure incurred - including rates, water, interest on loans, repairs & maintenance.
Foreign Income such as employment income, pensions, interest or dividends from a foreign source
Business Income - ABN details, business name and type, details of business income and expenditure.
Details of any other income earned

Motor Vehicle Expenses including km travelled and log books
Work uniform or protective clothing
Work related self education courses, training or seminars for your current job
Work related tools that your employer didn't reimburse you for such as: stationery, technical journals & books, sunscreen, tools
Home office hours and running costs including internet and mobile phone usage
Union Fees
Income Protection Insurance premiums (paid outside of superannuation)
Investment expenses
Donations to charity
Personal Superannuation Contributions
Prior year tax return fee