Tax Return
Preparing your tax return? It might be time to hire an accountant.
When it comes to lodging an income tax return (ITR) in Australia, although you can do it yourself, using the services of a registered tax agent such as Kostov Accountants® is the option that most Australian individuals and registered business entities (such as sole traders, partnerships, trusts, companies, and superannuation funds) use.
In fact, according to the tax practitioner’s board 2023 annual report, registered tax practitioners lodge 63 per cent of all FY2022 individual income tax returns and 96 per cent of all FY2022 non-individual income tax returns.
Here are some advantages of hiring Kostov Accountants® for your tax return:
Human touch and a trusted relationship
Similar to a respectable family doctor that knows your medical history, you can cultivate a rapport with the staff at Kostov Accountants® so that we understand your individual financial situation and future goals. The value of this advice in most cases will exceed the tax-deductible fee Kostov Accountants® will charge.
Available year-round
Kostov Accountants® offices are open all year and we are just an email away! We encourage you to contact us regularly, but especially before a major financial decision, because we should be able to help guide you in the right direction.
Saving you time
Kostov Accountants® have the experience and knowledge of the Australian tax system to swiftly and effortlessly complete tasks that might take you hours of research, and which you still risk getting wrong due to their complexity. We are of the opinion that it is better to pay a reasonable fee to Kostov Accountants® to look after your tax affairs so you can focus on your business, rather than sacrificing time to do your own tax. The bottom line is that it is up to you, and we hope you will make the right decision for your circumstances.
Please refer to the link below in order to understand if you need to lodge an income tax return (ITR) in Australia:
https://www.ato.gov.au/Calculators-and-tools/Do-I-need-to-lodge-a-tax-return/
You can find more information about lodging an ITR by referring to www.ato.gov.au.
Contact Kristian at Kostov Accountants® by filling out the contact form or ringing him directly on 0409 871 861.