AL & Co Accountants PL Brisbane | Brisbane Accountants and Tax Agents

AL & CO ACCOUNTANTS

07 3554 1311 | info@alcoaccountants.com.au

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    • Home
    • ABOUT
      • About Us
      • Our Team
      • Move to AL and Co
    • SERVICES
      • OUR SERVICES
      • Individual Tax Return
      • Business Structures
      • Financial Statements
      • XERO
      • New Business Registration
      • Property Investment
    • NEW CLIENT OFFER*
    • Late Tax Returns
    • XERO
    • Contact Us
AL & CO ACCOUNTANTS

07 3554 1311 | info@alcoaccountants.com.au

  • Home
  • ABOUT
  • SERVICES
  • NEW CLIENT OFFER*
  • Late Tax Returns
  • XERO
  • Contact Us

ONLINE BOOKINGS - FAST & EASY

Click on the link below to book your appointment with our accountant now:

BOOK APPOINTMENT ONLINE NOW

Individual Tax Return Checklist

 

Personal Details

  • Tax file number
  • ID – passport, drivers license, etc
  • Bank details – BSB, account number
  • Previous year’s income tax return if new clients
  • Spouse taxable income if not our client


Income/Earnings Documents


  • Payment Summaries/ Income Statement
  • Lump Sum and Termination Payment Summaries
  • Government payment statements, if received
  • Interest income from banks
  • Dividend statements for dividends received or reinvested
  • Annual Tax Statements from Managed Funds
  • Rental properties
  • Business
  • Foreign income
  • Capital gains
  • Employee share schemes
  • Partnership & trust distributions
  • Managed fund statements
  • Sole trader (ABN) income


Offsets and Refunds

  • Spouse details including taxable income
  • Private health insurance statement


Work Related Deductions

  • Car Expenses
  • Clothing and uniform expenses (including footwear)
  • First aid courses 
  • Home office expenses
  • Laundry and maintenance
  • Newspapers and other news services, magazines and professional publications
  • Parking fees and tolls
  • Phone, data and internet expenses
  • Self-education and study expenses
  • Seminars, conferences and training courses 
  • Taxi, ride-share, public transport and car hire
  • Tools and equipment
  • Travel expenses
  • Union and professional association fees 
  • Asset purchase details – Computer, tools, equipment, etc


Other Deductions

  • Accounting or tax agents fee
  • Donations to charity organisation
  • Investment related expenses
  • Income protection insurance
  • Superannuation contribution if self-employed
  • Sole trader (ABN) expenses

Rental Property

 

Rental Property


If a rental property was purchased during the year

  • Date the property was first available for rent
  • Copy of loan documentation detailing amounts paid in loan establishment fees, mortgage stamp duty etc.


If a rental property was sold during the year

  • Date contract signed
  • Copies of settlement documentation
  • Details of the original purchase, including date contract was signed and settlement statement


For all properties rented during the year


Rental Income

- Property Agent End of Year Statement


Rental Expenses

- Advertising for tenants

- Body Corporate fees

- Borrowing expenses

- Cleaning

- Council rates

- Gardening

- Insurance

- Interest on loan

- Land tax

- Legal fees

- Pest control

- Property Agent Fee

- Repairs and maintenance

- Water

- Other/ Sundry expenses

ONLINE BOOKINGS - FAST & EASY

Click on the link below to book your appointment with our accountant now:

BOOK APPOINTMENT ONLINE NOW
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AL & CO ACCOUNTANTS PTY LTD

Level 1, 16 McDougall Street, MILTON QLD 4064

P: 07 3554 1311 | E: info@alcoaccountants.com.au

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