Taxes and tax returns – one thing is for certain, they come along every year.
The team at Colledges is here to help you tackle those tax forms that can look like cryptic crossword puzzles, and to find deductions that you didn’t think were possible. We make sense of tax time with plain English, so that you understand what’s happening with your money. We advise on a tax strategy that keeps you compliant. With our help, you can relax during tax time while we take care of the maths.
Unless you’re someone who really loves numbers and digging deep into ever-changing tax laws, then you’re better off using an accountant to stay compliant while getting the best tax return that you’re entitled to.
Here are seven benefits of using a Colledges tax expert to help you lodge your tax return correctly the first time:
- Save time – preparing a tax return can be time-consuming, especially if your financial situation is complicated. We handle the paperwork and tax deduction calculations. We review all your expenses for the tax year and advise you on what you can deduct. There may be other expenses that you haven’t thought of which we also bring to your attention.
- Up to date tax knowledge and expertise – our tax accountants are well-versed professionals in the latest tax laws and regulations. Our up-to-date knowledge of tax laws in Australia ensures that your tax return is accurate and optimises any deductions and credits you may be entitled to.
- Compliance and accuracy – in 2024, the ATO announced a focus on accuracy and compliance, and is encouraging people to lodge their tax returns correctly the first time. We’ll help ensure that your tax return is completed accurately and complies with all relevant laws and regulations.
- Claiming the right deductions – we know tax laws and are skilled at identifying deductions and tax offsets that you might not be aware of, helping you to ensure your tax refund is accurate. Don’t miss out on the right deductions because you’re not aware of what can be claimed and what can’t be claimed. Let us help you optimise your returns.
- Professional advice – planning ahead with a sound tax strategy can make a significant difference at tax time. Tailored advice on tax planning and financial strategies will help you make informed decisions throughout the year to optimise your tax situation.
- ATO liaison – we liaise with the Australian Taxation Office (ATO) if they have any queries on your behalf, reducing the stress on you and ensuring that they receive the information they requested.
- Extension of lodgement deadlines – as registered tax agents, we have access to extended lodgement deadlines, giving you more time to prepare and submit your tax return without incurring late fees. If you do receive a late fee or penalty, we will also advise on what is possible in requesting a refund and managing a payment plan.
Start with Colledges Accountants – for accurate first-time tax returns
Whether you’re an individual or a business, we’re here to help you at tax time so that you lodge an accurate and compliant return the first time, which optimises the tax deductions due to you. Our experienced tax strategists have more than 50 years of accounting and taxation experience to help you stay up to date, compliant and profitable. We offer a range of sophisticated accounting, taxation, superannuation, corporate secretarial, business structure and bookkeeping strategies for individuals and businesses of all sizes and types.
Give us a call on (03) 9851 6500 or email us at hello@colledges.com.au to discuss your tax returns and tax planning.
