What to bring

 

 

To make the process easier I have listed below documents and information you will need in order to lodge your tax return for 2010.

 

Financial Year Ended 2010

 

  • All PAYG Payment Summaries from employment.
  • PAYG Payment Summaries from Centerlink for newstart allowance, sickness benefits
  • Interest earned on bank accounts.
  • All Foreign income and foreign investment losses
  • All dividend statements including dividend reinvestments.
  • Employee option or share scheme documentation.
  • Financial summaries from managed funds and other financial institutions.
  • Total interest charged on margin loans and other investment loan products.
  • All Buy and Sell Contract Notes from share trades
  • Private Hospital Cover details.
  • All receipts for work related expenses or a spreadsheet regarding these expenses, including; Union fess, overtime meal allowance, seminars and conference fees, books, journals, trade magazines, tolls and equipment, protective clothing or uniform with logo, sunscreen, sunhat, sunglasses, computers, software and upgrades, mobile phone and home office running costs.
  • Education expenses in excess of $250 including related travel.
  • Log book for work related motor vehicle expenses were work travel was greater the 5,000 km.
  • Total amount of work related km’s traveled were total work traveled was under 5,000 km.
  • Rental property statements, interest charged and related expenses.
  • Charitable donation receipts.
  • Medical expenses in excess of $1,500 for whole family, after any reimbursements.
  • Education expenses for Primary and Secondary school children, subject to eligibility.
  • BSB and Account Number for a quick refund by direct deposit into your bank account.

 

If you have investment property you will need to bring the following:

 

  • End of financial summaries from real estate
  • Total interest charged for the whole financial year
  • Council/water rates
  • Strata fees
  • Repairs & maintenance
  • Cleaning/gardening
  • Insurance
  • Pest control
  • Stationary, telephone & postage
  • Travel
  • Depreciation and capital works schedule
  • Copy of previous year’s tax return if available.
  • If it is the first time you are lodgings a rental property please bring the mortgage and purchase documents.