ITEMS TO CONSIDER 2018 TAX RETURN To maximise your deductions and ensure that your tax return is complete, please review the following items and advise your Accountant if any apply to you. INCOME PAYG payment Summary (employment) Allowances / Tips / Director’s Fees Employer Lump Sum Payment Centrelink / Pension Income Annuities / Superannuation Lump Sum Payments Interest Amounts + TFN Credits Dividend Statements Employee Share Schemes Partnership + Trust Distributions Business Income Capital Gains / Losses – Property / Shares Foreign Income SPECIFIC DEDUCTIONS Rental Property Income Royalties Taxable Scholarships Un-deducted Purchase Price – Pension / Annuity Jury Service Payments Income Protection Insurance Union Fees OTHER ITEMS TO CONSIDER Home Office Expenses Seminars / Courses / Conferences HELP (higher Education Loan Program) / HECS Overtime Meal Expenses SFSS (Student Financial Supplement Scheme) Briefcase Child Support Agency Liability Tools + Equipment Net Medical Expenses Offset Telephone / Mobile Phone / Internet Health Insurance Statement Bank Fees (e.g. re: deductible purchases) PAYG Instalment Credits Interest Expenses (e.g. re: deductible purchases) Other Offsets + Tax Credits Sun Protection Items (e.g. sunscreen, safety glasses, protective gloves) Reportable Fringe Benefits Amount Reference Books / Journals / Trade Magazines Prior Year Losses GENERAL TAX DEDUCTIONS Superannuation Contributions PIGOT MILLER WILSON ACCOUNTANTS & Work related motor vehicle expenses (logbook maybe required) ADVISORS Gifts + Donations A 65 Hill St, Orange NSW Tax related expenses (inc. tax agent fees, travel to tax agent) p 02 6362 1966 e admin@pmwpartners.com.au
ITEMS TO CONSIDER 2018 TAX RETURN To maximise your deductions and ensure that your tax return is complete, please review the following items and advise your Accountant if any apply to you. INCOME PAYG payment Summary (employment) Allowances / Tips / Director’s Fees Employer Lump Sum Payment Centrelink / Pension Income Annuities / Superannuation Lump Sum Payments Interest Amounts + TFN Credits Dividend Statements Employee Share Schemes Partnership + Trust Distributions Business Income Capital Gains / Losses – Property / Shares Foreign Income Rental Property Income Royalties Taxable Scholarships Jury Service Payments OTHER ITEMS TO CONSIDER HELP (higher Education Loan Program) / HECS SFSS (Student Financial Supplement Scheme) Child Support Agency Liability Net Medical Expenses Offset Health Insurance Statement PAYG Instalment Credits Other Offsets + Tax Credits Reportable Fringe Benefits Amount GENERAL TAX DEDUCTIONS Work related motor vehicle expenses (logbook maybe required) Gifts + Donations Tax related expenses (inc. tax agent fees, travel to tax agent) SPECIFIC DEDUCTIONS Un-deducted Purchase Price – Pension / Annuity Income Protection Insurance Union Fees Home Office Expenses Seminars / Courses / Conferences Overtime Meal Expenses Briefcase Tools + Equipment Telephone / Mobile Phone / Internet Bank Fees (e.g. re: deductible purchases) Interest Expenses (e.g. re: deductible purchases) Sun Protection Items (e.g. sunscreen, safety glasses, protective gloves) Reference Books / Journals / Trade Magazines Prior Year Losses Superannuation Contributions PIGOT MILLER WILSON ACCOUNTANTS & ADVISORS A 65 Hill St, Orange NSW p 02 6362 1966 e admin@pmwpartners.com.au