Looking for a convenient way to submit your rental property income & expenses for your tax return?
SORTED ! - Please complete the form below to submit rental property information to MAS Tax Accountants for the purpose of MAS Tax preparing your Income Tax Return.
Complete if the property has been sold during the financial year?
Email Duncan Warnock CPA directly at email@example.com should you need any additional help with this form.
NOTE: Please note that for those expenses mentioned above, you must have a valid receipt or other documentation accepted by the Australian Taxation Office.
Refer to the paragraph below titled 'Keeping your tax records' for further information on Australian Tax Office evidence requirements.
Generally, an individual taxpayer must keep your written evidence for five years from the date you lodge your tax return. The Australian tax system relies on taxpayers self-assessing. This means that you are responsible for working out how much you can declare and claim on your tax return. You also need to be able to show how you arrived at these figures – in some cases you may be required to provide written evidence.
In order to prepare an accurate tax return and support the claims you make, you need to keep careful records. The records you need to keep depend on your personal circumstances. If you are not sure, it is better to keep too many records than not enough. Refer to the Australian Tax Office website http://www.ato.gov.au/ for further details.
I authorise MAS TAX Accountants to prepare a rental schedule within my tax return for the tax year I have nominated using the information in this form submission.