At Speedy Tax, we offer a wide array of tax-based services to suit your needs. Whether you’re a business owner or a local Townsville resident, our certified professionals will ensure you receive the best return on your taxes.
Once tax season rolls around, it’s imperative that you meet with our team. Our friendly and approachable team members would love to help you through this complicated process. We don’t think you should have to deal with mounds of government-issued paperwork, so we’ll do all the heavy lifting. All you have to do is schedule an appointment today!
Browse the following section to gain a greater sense of our capabilities.
- Individual Taxation Preparation
- Rental Properties
- Managed Funds and Investments
- And Much More!
The Speedy Tax team has gone to great lengths to streamline the tax preparation process. We take a user-based approach to service and make sure to educate our clients along the way. Take a look at the following sections to ensure your finances remain in proper order for years to come.
How to Keep Strong Financial Records
- Keep the Right Types of Records
- Make sure that your filing system clearly documents your expenses and income. Hang on to supporting documents such as paid bills, invoices and bank statements.
- Explore Accounting Software
- Financial programs or Apps may help simplify the record keeping process and might save you time in the long run. Be sure to preserve hard copies of important documents like charitable donations and large expenses.
- Hang On to the Right Documents
- We suggest that you keep tax files for five years for individuals and seven years for businesses. Keeping a separate folder or file for each tax year will help you find the information at the end of the year or if you needed to provide evidence to the ATO for a review or audit.
- Back Up Your Documents
- Consider scanning your paper receipts and storing the computer files on an external hard drive or cloud-based system. That being said, be sure to hang on to your receipts and keep them in a secure place.
What You Should Bring to Your Speedy Tax Consultation
- Personal Information –have your Tax File Number and Bank details with you.
- Proof of Income - Not only does the taxation office want to know about every cent you’ve earned at work, but income from every other source as well. This includes self-employment, hobbies, investments, retirement income, sale of real estate, bank interest received and more.
- Proof of Expenses - The primary reason for taking your tax return to a professional is to increase your itemised deductions. We are here to work with you and educate you on what you can and can’t claim on your tax return.
- Questions –do not hesitate to ask our team any questions, no matter how silly it may be. We are here to help and make this an easy process for you.
