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End of financial year tax returns.

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Could someone please give me a rough idea how much on avarage accountants charge for an end of financial year's tax return?

 

This year is our full year to do our tax return, never done it before and would involve a lot of complicated things (that's why we need an accountant to do it for the first time).

 

Just had it done for the year 2009, but that was only for a couple of months and what our accountant charged us it's rather steep in my opininon.

 

Many thanks.

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Could someone please give me a rough idea how much on avarage accountants charge for an end of financial year's tax return?

 

This year is our full year to do our tax return, never done it before and would involve a lot of complicated things (that's why we need an accountant to do it for the first time).

 

Just had it done for the year 2009, but that was only for a couple of months and what our accountant charged us it's rather steep in my opininon.

 

Many thanks.

 

Its about 100 to 110 bucks mate, save yyour last years bill from the ac as you can claim it back or part of it lol


Here at last:jiggy:

SUFC life not a pastime

I limit myself to 2 drinks a day, I`m now 10 years in front make that 15

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Guest guest17301

I did mine online last year with Etax, it cost around $50 and i got heaps back! Hope I did it right, lol

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I did mine online last year with Etax, it cost around $50 and i got heaps back! Hope I did it right, lol

 

Bet my ar** you got short changed ,its cheaper but dosent tellyou the bits and bobs mr tax man does not tell you :mad:


Here at last:jiggy:

SUFC life not a pastime

I limit myself to 2 drinks a day, I`m now 10 years in front make that 15

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Guest guest17301

Wondered that myself Mal, maybe I'll go to a tax agent this year

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I paid $140 last year, and the accountant was very pro active in making sure I claimed for everything I could - which the on line option wont do

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Its about 100 to 110 bucks mate, save yyour last years bill from the ac as you can claim it back or part of it lol

 

 

Thanks Mally.

 

Can you recommend a good one?

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Guest scampie

I have read the governments tax return help but still not sure how to do it, or what we need. Weve only been here since october and my husband is employed, our money is still in the uk, so what do we need? and what extras can we claim for? any help in simple easy to understand english would help. do we really need an accountant? many thanks

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Thanks guys for the replies.

 

Can you claim back accountant fees as well? :wideeyed:

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Guest JAnne

We are in the same boat. We moved to OZ in October last year and still have an investment flat in the UK. We have just received a quote from a tax accountant that also specialises in Uk tax. The quote was more than $1500!!!!!

 

Given that my husband and I hardly pay any tax (my husband has salary sacrifice and I have a low income) that seems to be steep. Does anyone have experience any if it is worth doing to go to a specialised agent or is a box standart one enough?

 

The agent also told us that we had to do a UK tax return. We have never done one in our lives and I cannot see why we have to do one know (both PAYE only.We both filled in form P85 and we were told that our rental income is under the threshold too. Has anyone had to fill in a tax return and is it worth it?

 

JAnne

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Guest Rachyj

Hey guys, what do yuo need before you can file your tax for the year? I have only been earning since April 2010, just after i landed. Is there an australian P60 type of form that I need to wait for that summarises my pay and tax for the year?

 

Thanks in advance

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Hey guys, what do yuo need before you can file your tax for the year? I have only been earning since April 2010, just after i landed. Is there an australian P60 type of form that I need to wait for that summarises my pay and tax for the year?

 

Thanks in advance

 

if you work for an employer, they have 14 days to send you your PAYG payment summary for the year, which shows how much tax they have deducted.


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Guest Rachyj

Hi there, thanks for the quick reply. Is the payg summary all you need before going see your accountant?

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Thanks guys for the replies.

 

Can you claim back accountant fees as well? :wideeyed:

 

Yes on next years


Here at last:jiggy:

SUFC life not a pastime

I limit myself to 2 drinks a day, I`m now 10 years in front make that 15

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Guest Mark X
Hi there, thanks for the quick reply. Is the payg summary all you need before going see your accountant?

 

Hi Rachyj,

 

Your accountant will need your PAYG statement summary, and details of any savings/financial investments or other income you might have.

 

Its also worth having a look at the expenses/personal deductions available to you based on your job. You can then take relevant receipts/details (receipts not always required) with you to your accountant or do your own tax return using etax.

 

What kind of work do you do?

 

Cheers

 

Mark

Xpnsit.com.au

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Guest Gollahan

Hi all.

 

Does the end of year tax return effect everybody working in oz or only those on permanent visas?

 

I'm on a Working Holiday Visa and have been working full time only since April 18 this year and have had tax deductions taken from my wages each week. There is every chance I will be leaving in the next month or so to return to the UK.

Couple of points I need help with,

 

-Do I have a choice as to whether I do a tax return or not?

-And if I do have a choice; is it worth me doing one as I've only been paying tax for the last 3 months?

 

Any help would be gratefully received.

:biggrin:

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Guest Mark X

Because you have only worked for a few months and you are on a WHV you'll probably be considered a non-resident for tax purposes. I would suggest reading through this information on the ATO website.

 

Am I an Australian resident for tax purposes?

 

Depending on your circumstances it will tell you if you need to and how to do a tax return as a non-resident.

 

You have until 31st October and you can do the tax return from outside the country or while you are still in Aus.

 

Cheers

 

Mark

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if you work for an employer, they have 14 days to send you your PAYG payment summary for the year, which shows how much tax they have deducted.

 

 

This is interesting....

 

My employer is yet to commit to saying when they will get done... (and is also not paying my Super):policeman:

 

I am guessing the former is due to the latter - but very annoying as I am due all my tax back - being a low earner & having only worked for 5 months...

 

Oh well...

 

Cx

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Hello C.

 

* If you don't value your job you could make life very difficult for your employer ... :smile:

 

* If you have your final payslip of 2009/10 you may find that you already have the info you need to prepare your 2010 Tax Return.

 

Best regards.


Managing Director, Go Matilda Visas - www.gomatilda.com

Registered Migration Agent Number 0102534; Registered Tax Agent (Australia)

Chartered Accountant (UK, and Australia)

T - 023 81 66 11 55 (UK) or 03 9935 2929 (Australia)

E - alan.collett@gomatilda.com and acollett@bdhtax.com

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Hi Alan

 

Value v Need...?!!

 

Payslips don't show accumulated values or I would be able to work off it...

 

I will keep pushing the point for now (if no news by the end of the week I will see what I can do to unsettle the beast - so to speak!!)

 

Thanks

Cx

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