Benefits of using a registered Tax Agent for your tax return
Self-prepared Tax Returns through mygov or Should I use a registered Tax Agent service ? What is better for you?
Hopefully by now you know that when the end of financial year comes around, it is time to start thinking about lodging your tax return for the year. Whether you have earned an income or not, if you have a Tax File Number or an ABN you are required to lodge your tax return each financial year. As per ATO study more than 65% of tax returns filed by registered Tax agent in Australia. One of the main issues most people will face is whether to do tax return service by themselves trough myGov, or whether they use a Registered Tax Agent or Tax Accountant.
The answer solely depends on your own individual circumstances, but there are a few points you should take into consideration.
The Benefits of using a Registered Tax Agent for your tax return service:
Many ABN holders, such as sole traders and small business owners, choose to go through registered Tax Agent or an accountant when completing their yearly tax returns service, and for many good reasons. One of the main ones being it saves them a lot of frustration, time and effort that could be better spent furthering their business and better tax saving option too.
If you are busy, trying to complete your own tax return can be an added unnecessary frustration. When it comes to tax, it takes time to find your way around the system. Your time is precious, and it could be better spent on your business tasks and achieve better outcome with a professional tax accountant service.
A professional tax return service is there to save you wasting hours of your time, and to ensure you don’t make any mistakes along the way! Even though it is easy to access your own returns through MyGov, correctly filling it out can be a perplexing task, especially if you are unfamiliar with the tax process, whether it be business or individual. Mistakes are easy to make, and they can cost you a lot in the long run and can affect your tax refund.
Tax Accountants have years of experience under their belts when it comes to tax returns service, along with constant training and education, so they know exactly what is involved in the process and how to get you the best benefit from their service. Tax legislation is constantly changing, and to keep the status of a Registered Tax Agent we must consistently be up to date with all of the changes – meaning you don’t have to. This means that by completing your return service through a Registered Tax Agent you don’t have to worry about penalties for mistakes or wrong information.
What is better for you ? Registered Tax agent ?
Depending on your circumstances, you could possibly save money by using an accountant to complete your tax return! An experienced Tax Agent will be able to find deductions and reduce your tax bill while keeping well within the lines of the tax law. When trying to complete your return through MyGov, there is a high chance you won’t make the most of being able to claim your deductions. And will end up costing yourself what could potentially be a higher tax refund by hundreds of dollars, if not more. Additionally, when you use professional Tax return service with registered Tax Agent you are more likely to save yourself more money than you spend on the service, whether that is by reducing your tax bill, or increasing your refund.
One of the added benefits of seeing professional tax accountant for your tax return service is the opportunity to talk to them about tax planning. Planning for the year ahead, and ways you could potentially save you and your business large amounts of money in tax payments. They can also offer advice on how to make the process easier for you in the future, by organising your filing system and keeping updated summaries of your expenses etc. Not utilising these services could be a huge, missed opportunity.
What we offer in our tax Tax agent & Tax Accountant service
Our specialised team of Tax Agent can help you with a affordable tax return service in Geelong.
Looking for reliable and affordable Geelong Based Tax return Service? Our Tax Accountant, Business Accountant or Tax return service in Geelong and Belmont area near to you ia happy to help? We can provide a range of solutions to simplify your Bookkeeping, Accounting and Taxation requirements. Fair Tax Accountant provide a very affordable rate. Let the Pros at Fair Tax Accountant based in Geelong help with fulfilling all your Accountant and Tax Accountant responsibilities
What are you waiting for now? Use Fair Tax Accountant is registered Tax agent and more than happy to assist with filing your tax return.
Contact our tax return service specialist.
Tax Agent Benefits Geelong
Benefits of using a Registered Tax Agent
Our Tax return service in Geelong provide service across Belmont, Highton, Grovedale and Waurn Ponds area and offers Very affordable rate. Our Tax Agent and tax Accountant committed and passionate helping hand. We can provide a range of solutions to simplify your tax return service .Let the pros at Fair Tax Accountant based in Geelong help you with full filling all your Accountant and Tax Accountant responsibilities.Call us for an appointment 03 52412982
Our tax agent service include:
Individual and business tax return service
GST/BAS return service
Small business tax return service
https://fairtaxaccountant.com.au/contact/
Fair Tax Accountant in Geelong have been helping small and medium businesses for their all Accounting and taxation requirements . Our Geelong accountants and business advisor provide a range of solutions to simplify your accounting and Tax Accounting requirements. We are committed to provide timely, accurate and cost effective service.
Contact Fair Tax Accountant for your tax return service on :03 5241 2982 email: admin@fairtaxaccountant.com.au
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