To make the most of your tax appointment, here’s a handy checklist that you may need to bring to make your appointment as fruitful and easy as can be.
Income
- All PAYG Payment Summary (or Group Certificate) including Centrelink Statements (if applicable)
- Eligible termination payments
- Capital gains
- Employee share scheme
- Any money from sharing economy – e.g. UBER, AirBNB, Stayz.com
- Any money made from online (eBay, Gumtree or other merchant websites)
- Any cash income (tips, cash on hand jobs)
- Details of Interest Income (if applicable)
- Details of Dividends Income (if applicable)
- Details of foreign employment income (if applicable)
- Trust/Managed Funds distribution statement (if applicable)
- If you have investment property
- Rental Statement from real estate agent(if applicable)
- Rental Property expenses
- If you have business
- Your ABN
- Income derived from your business (make sure you keep your sales invoices)
- Expenses related to your busines
Deductions and expenses
- Work related receipts (Car or truck expenses, Log book or diary, uniforms, self-education, etc.)
- Union fees, registrations, tools, subscriptions, memberships
- Home office, seminars, conferences
- Telephone, computer and internet expenses
- Donations to charities or building funds
- Income protection insurance
- Interest and fees on investment loans
- Any extra personal superannuation contribution
- Any other expenses related to work
Other Information
- Current Statement of HECS/HELP and/or SFSS (if applicable)
- Private Health Fund Statement (if applicable)
- Bank details (where your tax refund will be deposited, if you have a refund)
- Partner/spouse details (if any, e.g. birthdate, taxable income)
- Number of dependent children under 21 years old, or under 24 if studying full time