Individual Tax Returns
At Arthur McElroy Accountants, our team of experienced tax accountants is here to help you achieve the best possible individual tax refund. We work diligently to minimise your tax liability and maximise your deductions, ensuring you get the most from your return.
An individual tax return is submitted to the ATO to report all taxable income earned during the previous financial year. We provide convenient, streamlined solutions to make the entire process of preparing and lodging your individual tax return as simple, efficient, and stress-free as possible.
We offer in person appointments at our office in Greensborough, as well as telephone or Teams appointments.
To help us maximise your appointment—just as we maximise your tax refund—please bring along the necessary documents and receipts. Having these ready ensures we can complete your return efficiently and secure the best possible outcome for you.
Your employer is no longer required to provide you with a PAYG Payment Summary if they are reporting your wages to the ATO via Single Touch Payroll. If that is the case, we will be able to access your wages information directly from the ATO.
- Share dividend statements
- Annual tax statements from trusts managed investments, property and cash management trusts
- Income and expenses from investment properties
- Business income
- Foreign income
To help us maximise your tax refund, please bring along any documents and receipts related to your deductions and expenses. This may include:
- A list of work-related expenses. This includes your motor vehicle log book.
- Donations to charities (unless you get a ticket to win something in return, those ones don’t count)
- School building levies and library funds
- Fee charged for previous year’s tax return
- Income protection insurance
- Any extra superannuation contributions
- Accommodation and meals costs you’ve incurred from working away from home
- Home office running expenses
- Work-related education expenses
- Rental property expenses – rates, body corporate, agent fees, interest on your loan, repair and maintenance, water rates, depreciation schedule
- Investment expenses
- Records of sales and purchases of shares, businesses or property