Lodging your own tax return can be time-consuming and complex, especially if you have multiple income sources, investments, or other unique financial situations. By using a professional tax agent like TTO, you can:

• Maximise Your Refund: We have the expertise to identify deductions and credits you might miss on your own.
• Ensure Compliance: We stay updated on the latest tax laws and regulations, ensuring your return is accurate and compliant.
• Save Time and Stress: Let us handle the paperwork and calculations, so you can focus on what you do best.
• Receive Expert Advice: We provide guidance on tax planning and strategies to minimise your tax liability in the future.
• Straight Forward: We explain complex matters in a simple straight forward way.

To prepare your individual tax return, we need the following documents and information:

• Income Documents: PAYG summaries, investment income statements, rental income details, etc.
• Expense Documents: Receipts for work-related expenses, investment expenses, and any other deductible expenses.
• Identification: Personal identification documents such as your driver’s license or passport.
• Previous Tax Returns: If available, copies of your previous tax returns can help us understand your financial history.

During the initial consultation, we will provide a comprehensive checklist tailored to your specific situation to ensure we gather all necessary information.

Yes, you can lodge your own tax return using online tax software or paper forms. However, there are several benefits to using a professional service like TTO:

• Accuracy: We minimise the risk of errors that can lead to audits or penalties.
• Maximised Deductions: We ensure you take advantage of all available deductions and credits, to potentially increase your refund.
• Time Savings: We handle the entire process, freeing up your time for other important tasks.
• Peace of Mind: Knowing your tax return is prepared by experts provides confidence and reduces stress.
• ATO Support: If the ATO review your tax return or have any questions about your financial situation our team will support you. We handle all communications on your behalf so you don’t have to stress.
• Tax Planning: Beyond simply completing your tax return as tax agents we provide valuable advice in strategies to optimise your tax position in the future.
• Specialist Situations: We specialise in offering guidance and support in complex tax return situations. Helping save you hours of research and avoiding potential errors. In these complex situations it is often worth leaving it with the professionals.