Tax time checklist

Lodging your tax return is easier when you have everything ready that you will need. Be prepared this tax time and use our checklist to make sure you have everything you need.

The Basics:

You will need your:

• Tax File Number

• Bank details (BSB and account number) to receive any refund owed

• details from payment summaries from employers, super funds, Centrelink or Department of Veterans’ Affairs

• statements from banks and financial institutions showing interest received

• details of foreign pensions or other foreign income received

• employment termination payment summaries

• details of any child support payments made.

• If you have a spouse, you will need details of their income and expenses to ensure we get your entitlements right.

Investments

• If you have shares, units, managed funds or other investments you will need details of:

• dividend payments and distributions

• any investment gains or losses from the disposal of shares, units and rental properties.

Rental

If you own a rental property you will need details of:

• rental income earned

• interest charged on money you borrowed for the rental property

• other expenses relating to the property, including any expenditure on capital works.

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