Individual Tax Returns

Maximise your tax return with Carbon.

Recording your income and claiming your work-related expenses may seem like a simple task, yet many of us are still claiming deductions that we shouldn’t be and missing out others which could be reducing our taxable income which contributes to a higher tax return.

Lucky for you, Carbon’s team of qualified tax accountants are here to work with you for a stress-free tax time. Not only will we help maximise your tax return by ensuring all your expenses are claimed, but we’ll ensure nothing is wrongfully claimed. This step is very important, as it will help protect you from the dreaded ATO audit.

There’s often confusion about what we can and can’t claim. Here’s some common expenses that may be relevant to all of us:

Suitcase
Work-related deductions
Car insurance
Motor vehicle deductions
Spinning cog with ticks
Asset write-off
Motor board Graduation Hat
Self-education expenses
Cog and Spanner
Repairs and maintenance
Shield ribbon
Insurances
Calculator and coins
Depreciation
Cash growth
Interest

Get the most out of yourtax return

With advancements in the ATO’s system, it’s never been easier for individuals to lodge their own tax returns. However, without the experience and knowledge of all aspects of the process, you could be missing out on possible deductions to maximise all the rebates and deductions you’re entitled to.

Carbon’s tax accountants are highly trained and will be able to look at your return holistically.

Women on computer

Our handy checklist will make preparing for your tax return a breeze.

Frequently Asked Questions

If you’ve had any tax withheld from your income during the financial year, then you are required to lodge a tax return to the ATO.

An individual tax return covers the financial year from 1 July to 30 June. Those who are required to complete a tax return has until 31 October to either lodge it to the ATO themselves or register with a tax agent.

While it’s easier than ever to lodge your tax return online yourself, you may be missing out on key deductions and opportunities by not having a trained accountant prepare it for you. Our Carbon accountants are fully across the process, so they can help guide you through.

By missing the deadline of 31 October to either lodge your tax return to the ATO or register with a tax agent, you could incur a penalty from the ATO. Carbon can help you prepare and lodge your tax return quickly, and in the future will send you a reminder before the deadline.

Lodge your individual tax return Contact us today

We’ll help you to maximise your refund!

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