There are a variety of reasons why, you should like a great accountant.
To see to it you comprehend whether you are an Australian local or otherwise for tax purposes
To make sure you understand what income you need to state to the Australian tax authorities. To see to it you claim all the tax deductions you are legally qualified to in each territory
Personal Characteristics of a Great Accountant
A great accountant needs to want to:
Supply pro-active recommendations in connection with your tax affairs, financial investments, pension, relevant tax reductions etc
Be patient and also address any and all of your concerns related to your tax affairs. I am directly a big believer that everyone need to develop their tax as well as economic expertise, and every engagement with your tax or financial advisers is an additional chance to find out. And do not neglect, you are lawfully responsible for just how your tax return is completed, so you need to recognize where every number on your tax return comes from, and also why it is required.
Pay attention and also be very easy to speak to. You wish to construct a long term connection with your accountant so you wish to be able to get along with them.
If you intend to engage an accountant to do your tax return in Australia every year, they need to be a licensed tax agent, and if you are seeking for your accountant to additionally supply personal monetary guidance (eg. in connection with a self-managed super fund), then they will likewise need to have an Australian Financial Services Licence.
Tags: accounting companies in SA, accounting consultant in Adelaide and other places, Tax Agent companies in Adelaide and other places