Individual Tax Return Checklist

  • Individual Tax Return Checklist

  • Date*
     - -
  • Date of Birth*
     - -
  •  -

  • Bank Account Details for Tax Refund

  • Are you an existing client of BCG?*
  • Do you have a Spouse or Partner?*

  • Spouse

    Spouse / Partner Details
  • Is Business Concepts Group Pty Ltd preparing the Income Tax Return for your Spouse or Partner for the financial year?*
  • Did you have a spouse or partner for the full financial year?*
  • Did you make any superannuation contributions to a complying superannuation fund or retirement savings account (RSA) on behalf of your Spouse/Partner during the financial year?*

  • Tax Return

  • Did you receive income from employment, pension, ETP, lump sum, employee share scheme?*
  • Did you receive any interest during the financial year from any bank accounts or investments (e.g. term deposit) in your name or joint names?*
  • Did you receive dividends from Investments during the financial year?*
  • Did you receive distributions from managed funds or trusts during the financial year?*
  • Did you incur any work related car expenses during the financial year? (Do not include travel from home to work and work to home)*
  • Did you incur any other work related travel expenses during the financial year?*
  • Did you incur any uniform, occupation specific or protective clothing, home laundry or dry cleaning expenses during the financial year?*
  • Did you incur any work related self-education expenses during the financial year?(Must be directly related to your current job)*
  • Did you incur any work related expenses during the financial year (please tick all that apply)
  • Did you make any personal superannuation contributions to a complying superannuation fund or retirement savings account (RSA) during the financial year?*
  • Did you earn any contracting income for the year under your own ABN?*
  • Did you receive any business income or incur any related expenses during the financial year?*
  • Did you dispose of any assets (e.g. managed funds, shares, real estate, investments) or personal useassets/collectables (e.g. antiques, jewellery, paintings, holiday home) during the financial year? Note: disposal date for capital gains tax is the contract date, NOT settlement date.*

  • If you have sold any real estate at all, including your own home, please mark the above as yes

  • Have you worked overseas during any part of this year*
  • Did you receive any rental income or incur any related expenses during the financial year?*
  • Did you dispose of any of your rental properties during the year (disposal date is the contract date)?*
  • Did you, your spouse or partner or your dependent children have any private health insurance cover at anytime during the period from 1 July to 30 June?*
  • Did you receive any income from other sources during the financial year?*
  • Is your main residence situated in a remote or isolated area of Australia?*

  • For a full list of remote or isolated area's within Australia:  https://www.ato.gov.au/Calculators-and-tools/Australian-zone-list/

     

  • Do you have out of pocket expenses for disability aids, attendant care or aged care for the financial year?*

  • If you and your dependants had net medical expenses of over $2,265 for the year please complete.  Dependents for medical expenses rebate purposes are your Spouse/Partner, children under 21 years of age (or under 24 if studying full time) and invalid relatives.

  • Did you have income protection insurance for any period throughout the year?*

  • Interest

    Details of interest during the financial year from any bank accounts or investments (e.g. term deposit) in your name or joint names
  • How are you providing the details:*
  • Rows

  • Business Income and Expenses

    Including any Contracting Income

  • Work Related Car Expenses

    Motor Vehicle (Only claim this if you owned the car)

  • Cents Per KM:  You do not need written evidence, but you need to be able to show how you worked out your work related kilometres

    Logbook: Your logbook is valid for five years. It must cover at least 12 continuous weeks.

  • What motor vehicle records do you have:*
  • Was this vehicle purchased during the financial year?*
  • Was the vehicle purchase financed?*
  • How are you providing the expense details:*

  • Motor Vehicle Expenses

  • Other expenses may include things like car washes and parking.

  • Other Work Related Travel Expenses

  • How are you providing the details:*

  • Details

  • Work Related Clothing Expenses

  • How are you providing the details:*
  • Rows

  • You cannot claim the cost of purchasing or cleaning plain uniforms or clothes, such as black trousers, white shirts, suits or stockings, even if your employer requires you to wear them.

    NOTE: Examples of type of clothing are:
    • OCCUPATION SPECIFIC - e.g. flight attendant, pilot, police officer, chef
    • COMPULSORY UNIFORM - e.g. specified by your employer and strictly enforced
    • NON-COMPULSORY REGISTERED UNIFORM - e.g. registered with AusIndustry

    • PROTECTIVE - e.g. protective footware, fire-resistant clothing, sun protection, safety vests, non-slip shoes, gloves, overalls, hard hats, safety glasses, heavy duty shirts and trousers.

     

  • Work Related Self Education Expenses

  • How are you providing the details:*

  • Other Work Related Expenses

  • Complete the details below

  • Rows
  • Rows

  • Working from Home

    Designated office or rate per hour

  • The deductions you can claim depend on whether you have a designated work (such as a study or spare room), or whether you do not.

  • Rows

  • Other deductions

  • Capital Gains Tax in Sale of Investment Assets or Personal Use Assets/Collectables

  • How are you providing the details:*
  • Rows

  • NOTE - Incidental costs are those costs directly associated with the purchase or disposal of assets, e.g. stamp duty, legal fees, and brokerage fees.

     

  • Overseas Employment

  • How are you providing the details:*
  • Date departed Australia*
     - -

  • Please attach expenses related to earning overseas income.

    Please attach a copy of the employment contract if applicable.

  • Rental Property - Income and Expenses

    Complete the details below where applicable or attach alldocuments relevant to income received (e.g. rental statements,bank loan statements), and expenses incurred
  • Is this property rented via an agent?*
  • Was the property available for rent for the entire financial year?*
  • Is this the first year you have had this rental property?*
  • Was the loan for this property re-financed, or did you re-draw on the loan during the financial year?*
  • Did you purchase or replace any fixtures and fittings throughout the year*
  • Did you make any capital improvements (extensions, renovations, new fence, pergola etc) throughout the year?*
  • Property purchase Date*
     - -
  • Rental Commencement Date*
     - -
  • How are you providing the details:*

  • Only include amounts not included on the agents year end statement

  • Purchase of new fixtures, fittings and assets

  • How are you providing the details of new fixtures and fittings:*
  • Rows

  • Capital Improvements

  • How are you providing the capital improvement details:*
  • Rows

  • Any other income

  • How are you providing the details:*

  • Zone Rebate

  • Medical Expenses Rebate (only eligible expenses are for disability aids, attendant care or aged care)

  • How are you providing the details:*

  • Anything Else.......

  • Is there anything else that you need to tell us about, or would like to ask?*

  • Documentation Required

    Please upload following documentation. Alternatively, you can email your documents to admin@buscgroup.com.au
  • Business Records
  • Contracting Income
  • Rental property - Please provide separately for each property
  • Rental property - Please provide separately for each property
  • New rental property
  • Disposal of property
  • Motor Vehicle Purchase
  • Overseas Employment
  • Upload a File
    Cancelof

  • Other Services

  • As a tax client, we would like to offer a free review of your existing home and investment loans, we can also conduct a lost super search for you. Please select the service below if you are interested:
  • Would you like to discuss:

  • Should be Empty: