2020 ITR Information

IT'S TAX TIME!

Our accountants are ready to go for the tax season! We have put together everything you need to know!

In this blog, you'll find our accountants' available hours for tax appointments, and a checklist of what you'll need to bring to your appointment.

To make it easier for our clients, we have allocated appointment times throughout the day and will also be offering evening appointments. Adam Taylor will hold after hour appointments on Monday nights, Robert Milanese and Shavone Schedewy on Tuesday nights, and Tom Carmichael on Wednesday nights at 5pm, 6pm & 7pm,

To make an appointment - Please call our office on 8523 0999 or email us at admin@milaneseco.com.au

Please note: after hour appointments will cease after the 28th August 2020.

Please see below for individual accountants availabilities.

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2020 Tax Return Checklist
Everything you'll need to bring for your appointment is below. 

INCOME

  • PAYG payment summaries, if provided

  • Lump sum & termination payments

  • Government centrelink payments including: newstart, youth allowance & pensions etc.

  • Interest earned from bank account(s)

  • Dividend statement(s)

  • Details of any super payments received

  • Income from trusts & partnerships

  • Investment property income

  • Details of any Capital Gains Tax (CGT) asset sales (e.g. shares & real estate)

  • Foreign source (employment & pension) income details of any foreign tax credits

  • Child support paid/received

  • Business income

DEDUCTIONS

  • Employment related expenses: motor vehicle (and logbook, if applicable), self education, travel, home office, telephone, internet, protective clothing & uniform expenses

  • Donations & subscriptions

  • Tax agent's fees & other accounting/tax audit fees

  • Investment property expenses

  • Income protection insurance statement

  • Details of any superannuation contributions made

  • Business expenses: motor vehicle, insurance, repairs & maintenance, advertising, tools & materials, etc.

REBATES

  • Private health insurance statement

  • HELP debt & financial supplement

  • Any change in dependents

Please note: this checklist should only be used as a guide, not everything is required for certain clients. If you need help clarifying what you need to bring to your appointment, please contact our office on 8523 0999.

Milanese & Co Accountants