Tax Time Checklist

Lodging your tax return is easier when you have everything ready that you will need.

The Basics

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

Details of Your Income and Expenses

These could include:

• 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
• Receipts for gifts, donations and work-related expenses
• Details of any child support payments made

If you have a spouse, you will need details of their income and expenses.

Investments

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

• Dividend payments and distributions from managed funds
• Any investment gains or losses from the disposal of shares, units and rental properties

Rental Properties

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