This is the time to get ready for the tax returns 2018, as this is the only time we can start keeping the records for our tax return 2018, this is the big confusion among the individuals, sole traders, company’s and so on, that what records they should make and what receipts they should keep with them for their income tax return lodgement 2018.
It is very hard to find all the information at one place as every separate entity have their specific queries although some of them are quite like each other but still needs to get the perfect direction for them.
We have tried to provide you the basic information which will help you,
Records you’ll need to complete your tax return
Before you sit down to do your tax, you’ll need to gather all the right information. Here are some of the documents you’ll need to complete your tax return.
- Payment summaries
- Bank statements
- Shares, unit trusts or managed funds
- Buy and sell investment statements
- Records from your rental property
- Foreign income
- Private health insurance policy statement
You also need to know about the deductions which you can claim and which you cannot claim from the tax returns 2018.
File your tax with TAX REFUND ON SPOT
If you need any more information to Start Online Income Tax Return, Please contact our Tax accountant on 1300 768 284 or email us at firstname.lastname@example.org or Fill your details online at www.taxrefundonspot.com.au