Top tips for Tackling your tax

There four tips for tackling your tax. They are,

• Pull together your paperwork
• Claim your deductions
• Lodge your tax online or with a tax agent
• Lodge your return before the deadline.

Initially, you will need to ensure you have all the paperwork and information, before you lodge your tax. And then you need to ensure your tax return is accurate. The ATO will prevail some information from super funds, banks and Centrelink into your online tax return from august. So, if you complete your tax return after this process, you can save time, and less likely to make a mistake. You can claim a deduction for some costs and that should be related to your job. And the expenses must be real, relevant, recorded. You must spend the money yourself, expenses must be related to your job and you must have a record for proving you paid or not. You can lodge your tax return using myTax through ATO app. It is quick, safe, easy and secure. If you are lodging tax return online, then you have until 31st October 2016 to lodge it or contacted the tax agent to qualify.