Hi Guys,
First time doing the tax variation this year....so please forgive my ignorance....
Looking at past forums seems like there are some panalties if I've get my estimate wrong, how do you guys manage that,
i am thinking of not declaring some of my deduction ( e.g. work related expenses, donations etc...) to give me that buffer.
I've requested the application for 2014 from ATO as they don't have pdf file on their website (not sure why)...but somehow i manage
to get pdf for previous year and hopefully most of the Q's are same...
under income and tax offsets section it is asking for 'Australian annuties and supperannuation income streams'- do i have calculate how
much my compulsary 9% contribution will be and add here or something.....
under deduction for rental property it is asking for 'Decline in value of depericiating items' i gather i put the amount
given in my depericiation report listed for 2013-14 yr only, is that right?
Any tips/suggestions/advise to get this right would be helpful....
thanks
S0805
First time doing the tax variation this year....so please forgive my ignorance....
Looking at past forums seems like there are some panalties if I've get my estimate wrong, how do you guys manage that,
i am thinking of not declaring some of my deduction ( e.g. work related expenses, donations etc...) to give me that buffer.
I've requested the application for 2014 from ATO as they don't have pdf file on their website (not sure why)...but somehow i manage
to get pdf for previous year and hopefully most of the Q's are same...
under income and tax offsets section it is asking for 'Australian annuties and supperannuation income streams'- do i have calculate how
much my compulsary 9% contribution will be and add here or something.....
under deduction for rental property it is asking for 'Decline in value of depericiating items' i gather i put the amount
given in my depericiation report listed for 2013-14 yr only, is that right?
Any tips/suggestions/advise to get this right would be helpful....
thanks
S0805