FEE GUIDE $118 (inc. GST)

(for an appointment in our Office)

EXAMPLE

BASIS RETURN

Tom is single and during the year had a full time position as  an  Office  Manager  and  a  part  time  position  as  a Barman.  He  received  interest  from  a  savings  account, dividends  from  AMP  and  Woolworths  and  had  a reportable  Fringe  Benefit  Tax  amount.  Tom  claimed $150 for laundry (no receipts required) and $149 for other work related deductions (e.g. mobile phone, stationery, home office expenses) that he had incurred. As the total of  these  claims  did  not  exceed  $300  no  receipts were required. He also claimed $50 for a donation he made to Red  Cross  and  $140  for  the  cost  of managing  his  tax affairs ($110 for the Agents fee and $35 (40 kilometres x 75 cents per km) for the cost of travel to and from his Tax Agent  last year. Tom provided his payment summaries, dividend and bank statements.

ADDITIONAL FEES

In  Tom’s  example  above,  if  he  travelled directly  to  his second  job  or  if  he  used  his  car  for  work  related purposes,  he  would  be  able  to  claim  some  travel expenses. There are four methods of calculating vehicle work  related claims.  If we used  the cents per kilometre method to calculate this claim the additional fee would be $5 (plus GST). If Tom had purchased equipment (e.g. a computer, printer) which he used partly  for work related  purposes  and  partly  private,  it  could  be depreciated  after  apportioning  its  work  related percentage.  A  fee  of  $5  (plus  GST)  would  apply  to calculating  the  best  method  (prime  cost,  diminishing value  or  low  value  pool)  available  to  increase  Tom’s deductions.

Phone  - 08 8341 2200
Fax  - 08 8341 2300
E-mail  - info@ticktax.net.au
Postal  - PO Box 508, Port Adelaide, SA 5015
Head Office  - 218-220 St. Vincent St, Port Adelaide