It’s everyone’s favourite/dreaded time of year, so here are a few tips to help it go smoothly.
1: Don’t forget to lodge. No, seriously. I can’t count how many of our clients sheepishly explain that they just sort of never got around to it for the past five years or are, y’know, ‘pretty good about doing it most years’.
Just Do It. Doing your taxes can be scary or difficult or just plain boring but unless you want $1,500 per year in fines + penalty interest added to your debt, knuckle down and make it happen. The ATO recommends that you do this after mid August, to ensure maximum possible pre-filled data ihas been received and minimal effort on your side.
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