Reasons why you should use the services of a Tax Agent (1)
To ensure your tax return is prepared correctly
preparing a tax return can be quite difficult and confusing and mistakes can easily be made despite using e-tax or following the Tax Pack – and rest assured, the ATO will discover these mistakes with their ever extending compliance programs and data-matching systems!
About 73% of the population use a tax agent, and that percentage increases to 95% for businesses.
Some people find that they do not have the time or the ability to deal with the complexities of the tax legislation. If there are matters that you do not completely understand it is advisable to enlist a tax specialist to review your situation.
Complex tax issues such as depreciation, capital gains tax, property ownership, business ownership etc, more than likely require special attention.
Many individuals, and certainly the majority of businesses, are more at ease knowing that their taxation affairs have been completed correctly and accurately.
All fees paid in relation to tax preparation are tax-deductible provided that the fee has been charged by a Registered Tax Agent. |