2022/2023 Tax Return Checklist
Information required
We will need you to bring the following information to assist us in preparing your tax return.
Income
- lump sum and termination payments
- interest, rent and dividends;
- distributions from partnerships or trusts;
- details of any assets sold that were either used for income earning purposes or which may be caught by capital gains tax.
- Crypto trading details
Deductions
- award transport allowance claims;
- bank and government charges on deposits of income, and deductible expenditure;
- bridge/road tolls (travelling on business);
- car parking (when travelling on business);
- conventions, conferences and seminars;
- depreciation of library, tools, business equipment, incl. portion of home computer;
- gifts or donations;
- home office running expenses:
- cooling and heating
- depreciation of office furniture
- telephone;
- interest and dividend deductions:
- account keeping fees
- ongoing management fees
- interest on borrowings to acquire shares
- advice relating to changing investments (but not setting them up);
- interest on loans to purchase equipment or income earning investments;
- motor vehicle expenses (business/work related);
- overtime meal allowances;
- rental property expenses – including:
- advertising expenses
- council/water rates
- insurance
- interest
- land tax
- legal expenses/management fees
- genuine repairs and maintenance
- telephone expenses
- travelling to inspect property;
- superannuation contributions with notice of intent to claim;
- sun protection items;
- telephone expenses (business);
- tools of trade.
