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2011 Tax Return Services

June 20, 2011 By

From 1 July 2011, Prouse Family Accountants will be able to prepare and electronically lodge individual and business income tax returns for the 2010/11 financial year.From 1 July 2011, Prouse Family Accountants will be able to prepare and electronically lodge individual and business income tax returns for the 2010/11 financial year.

We can prepare income tax returns for:

  • Salary and wage individuals
  • Rental property owners
  • Pensioners and self funded retirees
  • Fly in/Fly out workers
  • Small business owners
  • Sole traders, partnerships, companies and trusts
  • Self managed super funds

Call the office on 08 9246 9055 when you are ready to make your appointment.

What time can I make an appointment?

Our Marmion office is open – by appointment – weekdays from 8:30AM until 7:30PM (last appointment at 7PM). On Fridays we are open from 9AM until 5PM and on Saturdays from 9AM until 1PM.

Mobile tax return services are available on weekdays from 9AM until 7PM.

To make an appointment call 08 9246 9055 or email marmion@prouse.com.au and we will telephone you to make an appointment.

What paperwork and information do I need to bring?

In a nutshell, we need to see details of your personal, investment and business income and any details of any expenses you have incurred to receive that income.

Don’t Panic! We have created an income tax return checklist to help you organise your paperwork and give you some guidance on what can and can’t be claimed on your 2011 income tax return.

Click here to download our 2011 tax return checklist [PDF]

Can you come to see me?

Yes. We are pleased to offer mobile tax return services in more than 200 Perth suburbs. Mobile appointments can be made 7 days a week between 9AM and 7PM.

[Read more...]

Filed Under: 2011, Joondalup Office News, Marmion Office News, Mobile Tax Returns, News, Tax Returns

Oops! Common Errors on Personal Tax Returns

July 7, 2010 By

These are the most common errors we find on personal tax returns previously lodged by clients using the Tax Pack or ATO e-Tax.

Incorrect, missing or understated:

  • Bank interest income
  • Share dividends and franking credits
  • Capital gains and losses
  • Personal or Business income
  • Home Office and Work Related Expenses
  • Depreciation on Rental Property fixtures and fittings
  • Borrowing costs and other expenses associated with rental properties
  • Education tax refund expenses

We recommend you use our tax return checklist to make sure that your tax return is complete before it is lodged. Click here to download our 2010 Income Tax Return Checklist (PDF).

Filed Under: Personal Finance, Tax Returns, Tax Tips

2010 Rental Property Tax Return

June 29, 2010 By

I have an investment property. How can I get myself organised?

Property Tax Accountant | Business Tax Accountants If you have an investment property then your are required to include a rental property schedule with your income tax return.

We’ve attached a blank schedule below. It shows the information categories used by the ATO to calculate your rental return.

Download a blank rental property schedule

What can I claim?

Taxpayers with rental properties incur a number of expenses. Most of these are completely tax deductible. These expenses include:

  • 009 Rental Property Tax Returns. Prouse Family Accountants. Call 9246 9055 to make an appointment.Interest paid on the investment loan
  • Management fees and charges
  • Advertising for tenants
  • Council rates and taxes
  • Insurance premiums paid
  • Body corporate and strata fees
  • Repairs and maintenance
  • Depreciation on furniture and fittings

For a more exhaustive list, please contact us or register online. If you are thinking of investing in property or have a few unanswered questions then please make an appointment to see one of our friendly Property Tax Accountants.

009 Rental Property Tax Returns. Prouse Family Accountants. Call 9246 9055 to make an appointment.Don’t forget to ask us how a depreciation report could save you thousands of dollars in tax every year

If you are considering investing in property or have already purchased an investment property then we are the perfect tax accountants in Perth for you. Most of us have invested in property ourselves and we are more than happy to help you maximise your returns.

Appointments: please call (08) 9246 9055

Filed Under: Investing, Rental Property, Tax Returns

Download 2011 Tax Return Checklist

June 24, 2010 By

Checklist_ProuseMaximise your tax refund and minimise your accounting fees with the help of one of our free tax return checklists.

Individual Tax Returns

It pays to be well organised. Our tax return checklists are designed to help you prepare your receipts, payment summaries and paperwork so that we can prepare your tax return as quickly and as affordably as possible.

DOWNLOAD OUR PERSONAL TAX CHECKLIST

Small Business Tax Returns

If you own and operate a small business – either as a sole trader, partnership, company or trust – then ideally, you will be able to prepare a set of reconciled accounts in MYOB, Quickbooks or Cashflow Manager before making an appointment.

DOWNLOAD OUR SMALL BUSINESS TAX CHECKLIST

We have created this checklist to help clients get their paperwork organised and to give you some guidance on what you need to provide your tax account and what can and can’t be claimed on your 2010 tax return.

If you have any questions or need additional information then please don’t hesitate to contact the office via telephone on 08 9246 9055.

Filed Under: Downloads, Small Business, Tax Returns, Tax Tips

ATO experiencing delays processing income tax refunds

February 11, 2010 By

Giant traffic jam The Tax Office has recently upgraded their computer system and there are significant delays processing income tax returns. 

If you lodged your return after 4 January 2010 then we have not received your assessment notice – or tax refund – yet!

The ATO have started processing income tax returns again and they hope to have cleared backlog of tax assessment notices – and tax refunds – before the end of the month.

For more information – click here to read the ATO Press Release – or contact us via telephone: 08 9246 9055.

[Read more...]

Filed Under: News, Tax Office Alerts, Tax Returns

Become a fan on Facebook

January 18, 2010 By

facebook-icon

We try to be innovative and stay connected with our clients and customers. We’ve just created a Facebook page for our company.

We encourage our clients to become a fan of Prouse Family Accountants on Facebook. Please use the discussion feature and watch out for news, updates and special offers.

Please stay connected and make sure we have your current contact details. We would like to use electronic forms of communication a lot more in 2010 – its more convenient for our clients and saves money and paper in the long run.

Filed Under: Joondalup Office News, Marmion Office News, News, Personal Finance, Tax Returns, Useful Websites

Individual Tax Returns – in the office from $140

July 15, 2009 By

Tax Return Services Perth Would you like a fast and accurate income tax return with the maximum possible deductions and minimum fuss?

Prouse Family Accountants has two offices in the Perth Metro Area – one in Marmion, another in Joondalup. Both offices are open, by appointment, Monday to Saturday from 9AM until 7:30PM.

If that’s not convenient – don’t forget – we can come to you. Our mobile tax services are available in 225 Perth suburbs.

How much does it cost?

For personal tax return services, our fees start from $140 including GST. If you own a rental property, have invested in shares or operate a business then your tax return is going to be more complicated – and our fees will be higher.

We prefer payments by EFTPOS or credit card but also accept payments by cash, cheque or internet transfer.

[Read more...]

Filed Under: Tax Returns

It’s Tax Time again! Call us on 9246 9055 to make your appointment

July 1, 2009 By

It’s been a year since we expanded and we’re pleased with the feedback from our clients. They find us efficient, flexible and extremely convenient with offices located in Marmion and Joondalup and a mobile service.

Do you need a fast tax refund?

Simply organise your tax records, get us to complete your electronic tax return for lodgement, pay our accounting fees up front and have the ATO deposit your tax refund directly into your bank account. Download our tax return checklist to help organise your records.

We would like your email address

We want to provide you with an electronic copy of your completed tax return; share the latest taxation news and information; and make you aware of other opportunities and services that may interest you. It also helps us to save time, maintain our low fees, reduce paper usage and protect the environment.

We can assist with a lot more than tax returns.

If you are considering investing in property; buying your first home; starting or buying a business; financing a vehicle; business or equipment; need insurance or want to invest in superannuation then please contact us. This office and its partners can help you.

To make an appointment please call us on 9246 9055.

For more information send an email to marmion@prouse.com.au

Bye for now!

Rob Prouse. Director and Tax Agent. Prouse Family Accountants.
Rob Prouse
Director & Tax Agent

Filed Under: News, Tax Returns

Students now entitled to tax deductions against Youth Allowance

May 4, 2009 By

The Federal Court has held that a student taxpayer who received Youth Allowance was entitled to a deduction for the expenses she incurred in pursuing a teaching degree, as she incurred them in the gaining or producing of her assessable income (being the Youth Allowance).

Court rules you can claim tax deductions against Youth Allowance

The Court basically held that, in order for the taxpayer to receive the Youth Allowance, she had to satisfy the requirements set out in the Social Security Act 1991 (i.e., generally to undertake full-time study throughout the relevant period), which required her to spend money (on such things as student administration fees and text books), so those outgoings were incurred in gaining or producing her assessable income.

[Read more...]

Filed Under: Education, News, Tax Returns, Tax Tips

ATO ALERT: Tax Office unavailable over Christmas-New Year

December 9, 2008 By

Media release 2008/59

The Tax Office will shutdown all IT and communication systems and applications over the Christmas and New Year period to complete essential maintenance at our data centres.

This means all systems and services will be unavailable from 4pm EDST Wednesday 24 December 2008 until 9am EDST Monday 5 January 2009.

There may also be some disruption to our systems and services after those dates.

If you think you will need to contact the Tax Office over this period please consider contacting us before 24 December.

The systems and services affected include the tax agent portal, business portal, electronic lodgment service, e-tax lodgment service, call centres, telephone services, the Tax Office website and internal business systems.

We apologise for any inconvenience this may cause.

Read the original ATO Press Release here

Filed Under: News, Tax Office Alerts, Tax Returns
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