Should You Lodge Your Own Tax Return?
The Australian Tax Office (ATO) expects over 3 million Australians to lodge their 2019 tax returns through MyTax for free.
You should do away with an accountant and lodge your own tax return if:
- Your tax situation is simple or unchanged – If you only have one job.
- You’re a numbers kind of person – You enjoy keeping track of all the numbers, paperwork and receipts.
- You don’t own share or property investments.
- You can understand tax laws and are happy to stay up to date (MyTax is easy to use with lots of helpful information. In addition, you can browse the ATO website).
Posted in tax accounting