Are you getting the refund you deserve?

Here is a guide to the information needed to prepare your tax return and ensure you are receiving the maximum refund you are entitled to.

Income Details Required

• Employment group certificates
• Centrelink group certificates
• Eligible termination payments and group certificates
• Interest received from banks & other financial institutions
• Dividend slips
• Purchase and Sale of Shares
• Partnership or trust distributions
• Purchases & sale of asset details
• Rental income and expenditure
• Income from overseas
• Contract income

Work Related Expense Details Required

• Motor vehicle, expenses, log book for minimum 12 weeks
• Compulsory uniform & protective clothing expenses
• Self-education expenses
  • course fees
  • student union fees
  • books
  • stationery
  • travel
• Any other expenses incurred in earning income
  • union fees
  • professional associations
  • books and magazines
  • stationery
  • telephone
  • home office (Time Diary for one month)
  • tools
  • computer (Usage Diary for one month)

Other Taxation Information Required

• Expenses incurred in earning interest or dividends
  • travel or brokers
  • investment magazine subscriptions
• Tax deductible donations
• Previous year tax agent fees
• Superannuation contributions made
• Superannuation contributions made on behalf of your spouse (if their assessable income is less than $138000)
• Private health cover details
  • name of fund and membership number
  • type of cover
  • date fund was started if a new member, or if cover was varied during the financial year
  • discounted fee if it was received as a result of the Private Health Incentive Scheme
• Medical expenses incurred if greater than $1500 (including amounts paid for dependants)
• Any H.E.C.S debt or S.L.S debt
• Centerlink details - Family Tax Benefit parts
• Information relating to the family tax initiative rebate
  • spouse tax file number or date of birth
  • dates of birth of dependants
  • spouse income
  • dependant income
  • family tax payments from social security
  • for part year dependants, the number of days they were dependant