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Good record keeping makes tax time easier

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Good record keeping makes tax time easier

Australia’s tax system is based on self-assessment. This means you’re responsible for the information included in your tax return, like your income and deductions, even if you use a tax agent. Keeping accurate and organised records during the year can help make lodging your tax return quicker and easier. Good records help you and your tax agent to prepare your tax return and provide evidence of your income and expenses claim deductions.
Topic:
Tax, Employment
Target audience:
General
Service area:
National
Published:
May 2021
Last reviewed:
August 2023
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