Time is now ticking to lodge your 2018 Income Tax Returns.

The magic date that many people will need to lodge their 2018 Tax Returns is 31 October, but if you are signed up with a Registered Tax Agent such as Burnett Business Centre then in most cases you will have until the middle of next year to lodge your returns.

Of course, if you are due for a large refund you will want to get your hands on the cash as soon as you can.  And don’t forget that additional Family Tax Benefit supplement amounts can be unlocked once you lodge your Tax Returns.

Even those who think they might have additional tax to pay may not want to delay too long – the sooner you know what you are up for the sooner you can start planning for it and take advantage of extended payment dates.

We Can Help

Burnett Business Centre has a Fast Tax Return service. For a normal Salary and Wage earner, you can be in and out of a half hour appointment with our experienced staff with your completed and signed tax return.

If you have more complex affairs, such as a rental property, then we will need to take up a little more of your time to make sure you get all that you are entitled to.

All returns are then checked by another experienced staff member prior to lodgement to ensure the highest possible quality.

We are also on the lookout for any other issues you may have with your financial affairs that our Financial Planning team can help you with.

Latest Changes For Your Return

Don’t forget there are significant changes in relation to claiming travel expenses and second hand items for residential rental properties, as well as personal super contributions.  The ATO also has significant extra funding this year to enforce a crackdown on excessive claiming of work related deductions.  You may be asking for trouble by trying to navigate these issues without help, or missing out on what you are legally entitled to.

Of course we also help those who are running more complex businesses and structures.

 

So don’t delay.  Come and see us at Burnett Business Centre today and let us take the worry out of your Tax obligations.

Stapled Super

You need to change how you obtain superannuation details for new employees now Stapled Super is a reality.

Director Identification Numbers

Director IDs are now a legal requirement and time is ticking before harsh penalties apply. We have detailed instructions to help.