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  1. Pushka

    My Accountant took over six weeks to prepare my tax ??

    But some of these items (eg materials purchased) may need to be depreciated over a number of years, and not simply subtracted from the overall income. They might go into the LVP, or be larger capital items to be depreciated over a longer time. And to do this takes a few record checks as you...
  2. Pushka

    My Accountant took over six weeks to prepare my tax ??

    Because if he told you that at the meeting of handing over all your receipts then it was a preliminary estimate based on what you told him! How could he sort through all your receipts, work out depreciation, before he had even seen all your documentation, confirm that all is in order, and give...
  3. Pushka

    My Accountant took over six weeks to prepare my tax ??

    It probably depends on the time of the year - you may have lodged them at a time when everyone else lodged theirs. I still think that 6 weeks is pretty good.
  4. Pushka

    My Accountant took over six weeks to prepare my tax ??

    Six weeks is about right. And that was with fully reconciled MYOB books. Are you cross about that or the fact you miscalculated your taxable income. None of this seems to be the accountant's fault to be honest. Accountants can only give an estimate until they have really gone through all the...
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