Tax laws, and in particular claiming for expenses, can be a daunting prospect for most people outside the profession. And while there are undoubtedly many Australians who try to overclaim, there are many others who are missing out on hundreds of dollars in legitimate entitlements. That’s why it’s always advisable to have a professional accountant prepare your tax return, and in fact it’s strongly recommended if you have any investments, are in business, or have multiple income sources.
Australia’s tax regulations are constantly changing, and keeping abreast of new requirements, calculation rates, reporting obligations, and income and expense details each year is a vital part of our service. With their extensive experience and deep understanding of Australia’s tax system, including foreign sources of income, WhiteStar accountants are best placed to help clients navigate the minefield that is the annual tax return. And if you have an investment property and/or mortgage managed through the WhiteStar Group, the process can be even more streamlined.
Our tax specialists are experts at knowing all the legitimate deductions and claimable expenses that are available to a wide range of professions in Australia. They will work tirelessly to help ensure you only pay the tax you should be, while at the same time claiming all the deductions you’re entitled to.