WAVERLEY ACCOUNTING & TAXATION SERVICES
CERTIFIED PRACTISING ACCOUTANTS & REGISTERED TAX AGENT
WHY: DON'T MISS OUT on work related expenditures you can claim !
This checklist (download) will walk you through the work related item you can claim.
B
如果你有工资收入，按照不同职业类型，你申报收入的同时，也可以申报相关的支出（related expenses）。 支出越多，交税就越少啦。您可以下载我们的问卷（Click 点击下载）来帮助您了解您可以抵扣的支出项目。
WHY: DON'T let your work travel denied by the ATO. If you use logbook, record it CORRECTLY.
FOR WHO :Uber drivers, Employees who always on the road Such as Sales or realestate agents, for business owners usage of a company car. you can download a guide and car logbook excel working sheet. FREE TO USE.
记录有效的logbook很重要！您可以下载我们的guide 帮助您了解如何有效记录您的日志以符合澳大利亚税务局（ATO）的要求。也可以免费使用我们的 car logbook电子表格。
适用人群： uber 滴滴司机/ 需要经常开车的工作/ 公车私用 降低FBT福利税
WHAT TO DO IF YOU MAKE A MISTAKE ON YOUR RETURN?
Let's face it, human make errors. However, our tax man doesn't like errors. In this day and age, data matching techology applied by the ATO can easily pick up an error you made in your return.
Some reasons you may need to fix a mistake include, you:
made a mistake in entering a figure
forgot to report some income, a gain or a deduction
incorrectly claimed deductions or credits or failed to claim them
had a change circumstances relating to something you reported after you lodged a tax return.
Whatever the reason, you should correct any error as soon as possible. In some cases, there are legal time limits to correcting mistakes. The time limit to amend a return is usually two years.You may incur interest and penalties, if the amendment increases the money you owe.
You can also make a voluntary disclosure. Voluntary disclosures cover mistakes and false or misleading information and need to be made in an approved form.
Remember, registered tax agents and BAS agents can help you with your tax.
THE GENEROUS $300 NO RECEIPT DEDUCTION MYTH.
Yes and No.
It is not how it is when you heard your colleage abc tells you that you can claim anything related to your work/earning without receipt AS LONG AS the expenses are below $300.
Yes, only if your TOTAL work related expenses (WRE) claim is less than $300.
No, if your total WRE is less than $300. There is good news for you.
If you are not sure, always call your tax agent to double check, some expenses you do need to keep records. This is important.
If you are claiming the cost of a depreciating asset you have used for work, such as a laptop, you must keep records for five years following your final claim, including either:
purchase receipts and a depreciation schedule
details of how you calculated your claim for decline in value.
The ATO may ask that you showt them your records during the five years, it is important that you have sufficient evidence to support your claims.
WHY DO I RECEIVE A PAYG INSTALMENT NOTICE?
Some clients ask quesiton when they first receive a PAYG instalment notice. Some times it comes in the post as a REMINDER. PENTALTY MAY APPLY. yes it is scary, you may throw it in the bin thinking it is a scam. Before you do this call your accountant, as you may indeed need to pay some money to the tax man.