Handy checklists for tax time.

It’s that time of year again, and although it’s been a bumpy 2020 so far, your tax appointment doesn’t need to be stressful. If you’re prepared with the right paperwork, receipts, and statement information, you are on track for a hassle-free appointment with the Hrkac Group Accounting team.

Our Accounting team has prepared some handy checklists for both Personal and Business tax return appointments. You can use these as a guide for what you might need to bring with you/have them handy for your appointment this year.

 

Personal Tax Return Checklist

Top items to bring:

  • A copy of last year’s Tax Return
  • PAYG/Group Certificates
  • Receipts for claims/deductions
  • Self-Education costs
  • Private Health Insurance Annual Taxation Statement

Download the full checklist here:

Working from home?

If you have been working from home over the past few months, you may be able to claim work-related expenses on your tax return.

For more information on what you can and can’t claim, visit the ATO website:

Working from Home Information.

Business Tax Return Checklist

Top items to bring:

  • Back up or invite your Hrkac Accounting specialists to your accounting program
  • Capital purchase documentation
  • Payroll records

Not all items on these checklists may apply to your return and you don’t have to bring these to your appointment, but they can be handy to keep on file for next year. If you are unsure about any of the items on the checklist, bring as much information as you can to your appointment, and we can help you know what is relevant to your tax return.

Book online

The Hrkac Group is ready to take your Tax Return appointments for 2020, whether it be in person, over the phone or via video call – the choice is yours.

You can make your appointment online with John, James, Shane or Linda by clicking the button below.

When you arrive for your appointment, please take the time to read our COVID-19 policy notice at the entrance, before entering. We ask if you are feeling unwell, to please reschedule your in person appointment to a later date or contact our office to change your appointment to a Zoom/Phone appointment.

Liability limited by a scheme approved under Professional Standards Legislation.

As we’re gearing up for our busy period, we want to make sure your preparation for this year’s Tax Return appointment is easy and hassle free. From experience, providing the right paperwork, receipts and statement information is the key to ensuring you get the best out of your Tax Return appointment. With this in mind, our Accounting specialists have gathered together an informative checklist you can use as a guide.

Anyone can use our business or personal tax return checklists to prepare for their appointment – flag it in your inbox, bookmark it or even print it out. You can keep coming back to these guides, so you know what to bring to make your appointment run smoothly.

 

Personal Tax Return Checklist

Some important items to remember:

  • A copy of last year’s Tax Return
  • PAYG/Group Certificates
  • Receipts for claims/deductions
  • Self-Education costs
  • Private Health Insurance Annual Taxation Statement

Business Tax Return Checklist

Some important items to remember:

  • Back up or invite your Hrkac Accounting specialists to your accounting program
  • Capital purchase documentation
  • Payroll records

Download

 

Not all items on these checklists may apply to your return and you don’t have to bring these to your appointment, but they can be handy to keep on file for next year. If you are unsure about any of the items on the checklist, bring as much information as you can to your appointment, and we can help you know what is relevant to your tax return.


This year, The Hrkac Group is taking online bookings for Tax Return appointments. You can use the link below to book your appointment online or use the top right button on our website whenever you’re ready.

Top Tip 2019:

Although technology is helping us improve our taxation processes, we don’t always have online access to the most up to date information available.

It’s important to bring your Group Certificate to this year’s appointment so that we can work with the correct and most recent information (we can’t always access your certificates online.)

If you have any questions or would like to book your Tax Return appointment, please contact The Hrkac Group here.

 

Liability limited by a scheme approved under Professional Standards Legislation.

Follow our handy Personal and Business Tax Time Checklists to make sure you’re prepared.

So it’s that time of year yet again! If you are new to lodging a tax return or if you are a new Start-Up Business or Sole trader/contractor – even if you’ve been doing it for years – getting all of your financial documentation together can be a daunting task.

If you just don’t know where to start, the Hrkac Group are here to help. We strive to take the guesswork out of Tax time and have put together helpful checklists for both personal and business taxation clients, so that you can be confident that you have everything in order.

For those looking to lodge a personal tax return, here is a list of some of the items required by your registered tax agent:

  • A Copy of your previous years income tax returns (new clients only)
  • PAYG payment summaries Group Certificates
  • Dividends and other investment income
  • All Rental Property Information
  • Receipts for any possible claims/deductions including:
  • Motor Vehicle expenses
  • Any Travel expenses
  • Uniform purchases and Laundry costs
  • Self Education Costs
  • Any Work related expenditures
  • Tax agent fees paid during last financial year (new clients only)
  • Your account bank details for any refund
  • Any Gifts or Donations
  • Income Protection premiums paid
  • Private Health Insurance Annual Taxation Statement

For those of you running a business, here is a list of some of the items required by your registered tax agent:

  • Backup or invite your agent to join your Accounting program
  • (i.e MYOB/Reckon/Quickbooks/Xero)
  • Bank Statements for all business accounts including loan statements
  • Documentation for any new Capital purchases such as Motor Vehicles or properties
  • Trade Debtors listing as at the end of the period
  • Trade Creditors listing as at the end of the period
  • Detailed payroll records
  • Do you have any carried forward capital losses? If yes, how much

New clients will also need:

  • a copy of most recent years financials and tax returns
  • Previous accounting fees paid
  • Personal and business details

Download our Personal Tax Checklist or our Business Tax Checklist here!

If you would like to know more or to make a time to see one of our Geelong based Personal or Business Tax Specialists, feel free to contact the Hrkac Group today!

Follow our handy Personal and Business Tax Time Checklists to make sure you have everything in order.

So it’s that time of year again! For some it has become like driving a car or riding a bike, you just go into autopilot and you can get everything in order without breaking a sweat. For others, in particular those that are new to lodging a tax return or for a new Start-Up Business or Sole trader/contractor, it can be a daunting task. Where do you just don’t know where to start?

Luckily at the Hrkac Group, we strive to take the guess work out of Tax time, and have put together some helpful hints, so you know that you have everything in order.

For those looking to lodge a personal tax return, here is a list of some of the items required by your registered tax agent:

  • A Copy of your previous years income tax returns (new clients only)
  • PAYG payment summaries Group Certificates
  • Dividends and other investment income
  • All Rental Property Information
  • Receipts for any possible claims/deductions including:
  • Motor Vehicle
  • Any Travel expenses
  • Uniform purchases and Laundry costs
  • Self Education Costs
  • Any Work related expenditures
  • Tax agent fees paid during last financial year (new clients only)
  • Your account bank details for any refund
  • Any Gifts or Donations
  • Income Protection premiums paid
  • Private Health Insurance Annual Taxation Statement

For those who own a business, here is a list of some of the items required by your registered tax agent:

  • Backup or invite your agent to join your Accounting program
    (i.e MYOB/Reckon/Quickbooks/Xero)
  • Bank Statements for all business accounts including loan statements
  • Documentation for any new Capital purchases such as Motor Vehicles or properties
  • Trade Debtors listing as at the end of the period
  • Trade Creditors listing as at the end of the period
  • Detailed payroll records
  • Do you have any carried forward capital losses? If yes, how much

New clients will also need:

  • a copy of most recent years financials and tax returns
  • Previous accounting fees paid
  • Personal and business details

 

Download the version of our Personal Tax Checklist or our Business Tax Checklist here!

If you would like to know more or to make a time to see one of our Geelong based Personal or Business Tax Specialists, feel free to contact the Hrkac Group today!