Oz Tax return for partial year - help please
 

Hi
I have tried reading various threads but need a little advice please. I am trying to sor out my 2005/2006 tax return in Australia, I know I am a little slow to do so and bear in mind we only lived here for part of the tax year.

We moved here in Nov 2005, worked from Jan 2006, had private health insurance from Jan 2006. Bought braces for teeth($2500), spent a fortune on medical appointments as kids were sick. Had interest earning in UK from the house sale (paid UK tax on interest). Worked in Uk prior to coming here and paid uk tax on income. Do not have investments properties. Spent some money on teaching resources and used my car for work travel (2000k), plus paid teaching organisation fees, bought a computer for work etc. We are both in a pension/retirement fund here and in UK. Kids both in catholic schools. Rented a property for the whole duration. Can't think of anything else???

Questions -

Should I attemp my tax return myself?

Can you recommend a good webiste to help?

Should I be wary of anything (not suggesting I hide anything but hints might help)?

Should I have already done this tax return, am I too late?

Thanks for your help.

Tara and Alex

Re: Oz Tax return for partial year - help please
 

I think you need an accountant, fairly quick! Should have been done by 31st October, the Bloke tells me,........

Re: Oz Tax return for partial year - help please
 

THANKS

Re: Oz Tax return for partial year - help please
 

I agree with Pollyanna, tax accoutants dont charge a great deal and IMO are worth every penny!

Re: Oz Tax return for partial year - help please
 

I don't know if there are penalties for submitting late but it sounds like you could be in for quite a large rebate. I would have thought $100 or so was well spent to get that back.

Re: Oz Tax return for partial year - help please
 

Less late lodgement penalty, of course.

Re: Oz Tax return for partial year - help please
 

Tara and Alex

I just did my 2005/2006 return. Called up the ATO (check the phone book) they sent out the forms - with very easy to understand guides. I completed and sent them back. 2 weeks later refund was in my bank account and 3 days later have received statement of assessment.

Part year returns may provide a refund - assess it yourself first using the ATO website - www.ATO.GOV.AU

Good luck - they are a very helpful and friendly bunch at the tax office.

Re: Oz Tax return for partial year - help please
 

thank you, I'll give it a go, I think I went on this website today and got lost! I will phone them Monday.