Do You Lodge Tax Return by Yourself ?

Is it easy to do it yourself ? (if no investment or expenses claim)

Poll Options

  • 107
    By Myself
  • 14
    By Agent

Comments

  • +3

    By yourself if its just simple stuff like work income, interest etc

    Save yourself the $100+

  • +1

    yes. MyTax is really good.

  • Don't pay the LAZY TAX. Do it yourself.

  • The only time i had an accountant do mine was when i was settling the sale of an investment property, and i needed advice and support through the capital gains process.

    Its a super easy thing to do, even if you have investments etc!

  • +1

    When I didn't have an investment property I did, this is my first year with an accountant and so far am very disappointed - I don't think they've brought anything to the table that I didn't already know re: deductions - and have so far taken over two weeks and still not lodged it. I'll be doing it myself next year.

    • +1

      I agree.

      I've tried several accountants and only one justified his fee and he retired a year later :-(.

      Another cost me $10k in tax as they didn't give good advice on a property that was a PPR and then became an investment.

      None of them ever had an understanding of how to deal with a lease-back company car that was full private use but also part of the company pool when at work. One claimed the full amount, another claimed none, another claimed 8/24ths.

      Up until last year my GF was paying a CBD accountant $1400 for her relatively simple return.

  • +4

    It's dead easy, especially these days with just about everything pre-filled.

  • Does it count as Yes if my partner handles it?

    • depends if you pay for said service.
      .

      • +1

        😉😉😉

      • I usually leave spare coins on her bedside table for coffee. Does that count as paying? Or is that just tipping?

    • I was going to ask the same question.

    • Funnily enough, my old boss (accountant) had his partner (engineer) complete his.

  • I do mytax and then if the estimate seems weird I go see an accountant. A few years back it showed I owed $1000 and then the accountant added in some claims that I didn’t know I could claim and got the owing down to about $300.

  • yes as the only income i get is from centrelink

  • I still find it useful doing it myself even though it's gotten more complicated over the years. I now have investment properties, shares, and other things I have to think about but as it's come over time it's been fairly ok to keep track of.

    It's a nice feeling actually being in control of your finances through and through - although obviously there is a risk you stuff it up which would be nice not to have.

  • Can do it myself but my brother is an accountant and likes doing it for me.

  • Always through agent here. Self employed and the extension for filing by agent is helpful.

  • Good accountants know which button to push and which not. They also know the average of how much each occupation claims, so that a standard return can be lodged without causing much attention. Its no rocket-science, and you can do it yourself, but you don't want to get yourself flagged, ending up getting reviewed.

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