INDIVIDUAL TAX RETURN CHECKLIST

Complete this checklist to give us a better understanding of your situation.

 

    Do you have a MyGov Account?

    YesNo

    Do you have any ATO debt?

    YesNo

    Are you claiming FBT?

    YesNo

    Income

    Information
    Provided

    Not
    Applicable

    Single Touch Payroll Income Statement from employers, Centrelink and/or superannuation funds.

    Information ProvidedNot Applicable

    Bank statements detailing interest earned.

    Information ProvidedNot Applicable

    Dividend statements & Employment Share Scheme (ESS) Statements.

    Information ProvidedNot Applicable

    Lump sum payments (e.g. Employment Termination Payment).

    Information ProvidedNot Applicable

    Managed fund annual tax statement and capital gains tax statement.

    Information ProvidedNot Applicable

    Partnership distribution statement, including a copy of the partnership’s tax Return.

    Information ProvidedNot Applicable

    Trust distribution statement, including a copy of the trust’s tax return.

    Information ProvidedNot Applicable

    Buy/sell contract notes for investments.

    Information ProvidedNot Applicable

    Details of insurance pay-outs including income protection, sickness & accident.

    Information ProvidedNot Applicable

    Details of any share economy income ie ride sourcing, renting or personal services.

    Information ProvidedNot Applicable

    Work-related Deductions

    Work related motor vehicle use (details of work related km’s travelled during year or expenses incurred if using log book method and a copy of the logbook that is less than 5 years old) & engine capacity.

    Information ProvidedNot Applicable

    Receipts or evidence of work-related deductions such as protective clothing, uniform expenses, stationary, travel & tools.

    Information ProvidedNot Applicable

    Breakdown of home office expenses.

    Information ProvidedNot Applicable

    Receipts for self-education expenses, continuing professional development courses and seminars.

    Information ProvidedNot Applicable

    Professional journals, magazines, memberships & subscriptions.

    Information ProvidedNot Applicable

    Details of depreciable assets bought during the year (e.g. laptops) including date purchased

    Information ProvidedNot Applicable

    Other Deductions

    Receipts for donations of $2 and over to registered charities (Bushfire / Flood tin collection).

    Information ProvidedNot Applicable

    Expenditure incurred in managing tax affairs (e.g. tax agent’s fees).

    Information ProvidedNot Applicable

    Expenditure incurred in earning investment income.

    Information ProvidedNot Applicable

    Superannuation contributions, including fund acknowledgement of intent to
    claim a tax deduction.

    Information ProvidedNot Applicable

    Rental Properties

    Annual statement from property agent (if engaging the services of an agent).

    Information ProvidedNot Applicable

    Records detailing rental income (if not engaging the services of an agent).

    Information ProvidedNot Applicable

    Date of when property was purchased (exchange of contract date).

    Information ProvidedNot Applicable

    Details of depreciable assets bought or disposed during the year and/or a copy of the quantity surveyors report.

    Information ProvidedNot Applicable

    Expenses incurred, (which are not detailed on the property agent annual statement) such as water charges, land tax and insurance premiums.

    Information ProvidedNot Applicable

    If property is held by more than one individual, details of owners and their legal ownership percentage.

    Information ProvidedNot Applicable

    If property was disposed of during the income year, information relating to dates and costs associated with the acquisition and disposal of the property (exchange date not settlement date) e.g. Settlement Sheets.

    Information ProvidedNot Applicable

    Loan statements for property showing interest paid for the income year.

    Information ProvidedNot Applicable

    Period the property was available for rent during the income year.

    Information ProvidedNot Applicable

    Offsets / Rebates

    Details of any superannuation contributions for spouse.

    Information ProvidedNot Applicable

    Details of expenses for disability aids, attendant care or aged care.

    Information ProvidedNot Applicable

    Private health insurance annual statement.

    Information ProvidedNot Applicable

    If Operating as a Sole Trader

    Cashbook, which includes records of cash taken before the business takings are banked.

    Information ProvidedNot Applicable

    If you use cloud accounting software, please send your invitation to add us as accountants (if you haven’t already) to the following address:

    Xero Software - [email protected]

    MYOB Software - [email protected]

    Intuit Software - [email protected]

    Copy of files from desktop accounting software. Please provide login, password and software used.



    Information ProvidedNot Applicable

    Copies of PAYG payment summaries and annual statement for employees.

    Information ProvidedNot Applicable

    Details of any government grants, rebates or payments received.

    Information ProvidedNot Applicable

    Details of superannuation contributions for employees.

    Information ProvidedNot Applicable

    Statements for all bank accounts and liabilities of the business (loans).

    Information ProvidedNot Applicable

    Copies of any finance contracts.

    Information ProvidedNot Applicable

    Breakdown of home office expenses.

    Information ProvidedNot Applicable

    Copies of Taxable Payments Annual Report (TPAR).

    Information ProvidedNot Applicable

    Copies of recent Workers Compensation Declarations.

    Information ProvidedNot Applicable

    Details of any depreciable assets purchased (eg motor vehicles, computers, etc).
    including date purchased

    Information ProvidedNot Applicable

    Additional Information

    • Total child support payments made during the financial year.

    • Spouse income (if only completing your tax return) taxable income, reportable fringe benefits, reportable superannuation, financial investment or rental property losses.

    • Complete bank details on page 1 (for refunds - if applicable).

    • Confirm number of dependents < 25 years if full time students & living at home.

    • Details of any personal debts such as mortgages, credit cards, personal loans etc.

    • Working from Home Records (Hours, Expense Records etc).