To maximise your deductions and ensure that your tax return is complete, please review the following items and advise your Accountant if any apply to you.
ITEMS TO CONSIDER
2019 TAX RETURN
SPECIFIC DEDUCTIONS
☐ Un-deducted Purchase Price – Pension / Annuity
☐ Income Protection Insurance
☐ Union Fees
☐ Home Office Expenses
☐ Seminars / Courses / Conferences
☐ Overtime Meal Expenses
☐ Briefcase
☐ Tools + Equipment
☐ Telephone / Mobile Phone / Internet
☐ Bank Fees (e.g. re: deductible purchases)
☐ Interest Expenses (e.g. re: deductible purchases)
☐ Sun Protection Items (e.g. sunscreen, safety glasses, protective gloves)
☐ Reference Books / Journals / Trade Magazines
☐ Prior Year Losses
☐ Superannuation Contributions
INCOME
☐ PAYG payment Summary (employment)/Income Statement from myGov or Tax Agent Portal if employer registered for STP
☐ Allowances / Tips / Director’s Fees
☐ Employer Lump Sum Payment
☐ Centrelink / Pension Income
☐ Annuities / Superannuation Lump Sum Payments
☐ Interest Amounts + TFN Credits
☐ Dividend Statements
☐ Employee Share Schemes
☐ Partnership + Trust Distributions
☐ Business Income
☐ Capital Gains / Losses – Property / Shares
☐ Foreign Income
☐ Rental Property Income
☐ Royalties
☐ Taxable Scholarships
☐ Jury Service Payments
OTHER ITEMS TO CONSIDER
☐ HELP (higher Education Loan Program) / HECS
☐ SFSS (Student Financial Supplement Scheme)
☐ Child Support Agency Liability
☐ Net Medical Expenses Offset
☐ Health Insurance Statement
☐ PAYG Instalment Credits
☐ Other Offsets + Tax Credits
☐ Reportable Fringe Benefits Amount
GENERAL TAX DEDUCTIONS
☐ Work related motor vehicle expenses (logbook maybe required)
☐ Gifts + Donations
☐ Tax related expenses (inc. tax agent fees, travel to tax agent)