Avoiding mistakes in your tax return is important. Part of getting your tax return right is consistently maintaining all your records – something we can help you with. The ATO cites the following as the most important things to do:
Declare all of your income accurately, including capital gains.
Record what funds have been taken out of your business.
Separate your business expenses from private expenses.
Make only the claims you’re entitled to.
If you need help with your tax return, get in touch with us.