Annual Tax Return Checklist
Business
With the mountain of paperwork that comes with owning a business, it can sometimes be hard to know what exactly your accountant will need to complete your Annual Tax Return.
To help you out, here is a guide of the general paperwork required. As each business is unique, there may be additional documentation needed for the completion of your business’ Tax Return.
1. Business Accounts
- Data file or access to all business accounts (Xero, MYOB, Quickbooks)
- Debtors and Creditors reconciliation
- Stocktake if applicable
- Cash book if applicable
- Payroll reconciliation
- Superannuation reconciliation
2. Bank Statements
- Bank Statements on all operating accounts
- 30 June Bank Statements on all relevant loan documents
- 30 June Bank Statements on any investment accounts
3. New or Sold Assets
- All documents relating to the purchase or sale of the asset
- Date any contract was entered into
- Date the asset was first used or date the asset was installed for use
- All documents relating to the purchase or sale of the asset
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