Tax Returns
&
Financial Statements
We offer Taxation Services for Income Tax Returns &
Financial Statements
for Companies, Trusts, Individuals, Partnerships, Sole Traders and Self
Managed Super Funds
Tax Services
Awesome Services are knowledgeable and experienced
Accountants able to handle all your tax
matters from preparing, lodging to dealing with tax officers on your
behalf.
Hiring a professional to prepare your taxes has numerous benefits. In fact, by having a good tax preparation consultant
in your corner, you may be looking at a significant increase in savings, elevating the stress and worry
attempting to calculate a tax return.
We provide all our clients with a detailed explanation of the
process, and
guide you through the entire process step by
step.
If you have any questions regarding any specifics of taxation, we can
answer
and also help you plan and comply with what can be a very complex set of rules.
We understand that, to a non-professional, this is uncharted
territory and, if lost, you may be facing significant financial
difficulties and complications. Our personal and business tax
preparation services are widely praised due to our devotion and
commitment to every client as we always take all the time it takes to
guide you through the process and ensure you are fully aware of your
financial situation.
Get in Touch
Call us today
to discuss the details of the tax preparation process and come up with
the best way to assist you with you or your business tax return.
FAQs - Tax Returns
Do you need to Lodge a Tax return?
It is compulsory that you lodge your tax return each
financial year, if you are Australian resident and have earned income in
Australia.
There are some circumstances where you may
not you need to lodge a tax return. and our tax agents can help you
determineif this is the case.
When area tax returns due
Tax returns are due on the 31st of October each year for the
previous financial year.
If you complete
your tax return with a registered tax agent or accountant then you may
be eligible for an extended tax return deadline which could be as late
as May 17 the following year, this is dependant on your current situation.
I am working from home - what can I claim inregard to COVID-19?
If you are working from home due to COVID-19 you may be able to claim a deduction on running expenses.
How much can you can claim for running expenses can be calacuated in two ways. The first is a simplified method allowing you to claim 80 cents for every hour worked at home, covering all
the deductible running expenses. The
second method is the fixed rate method which allows you to claim 52
cents for every hour worked at home.
Expenses you can claim include:
- heating, cooling, lighting
- work related phone calls and internet bills
- purchases of computers, other equipment, furniture, stationery, paper, etc.
Can I lodge my old tax returns?
Yes yu can. You can lodge any previous outstanding
years tax returns with us. We can access to your tax
portal to get information from previous years.