See where some prominent tax accountants in Sydney are located and compare online tax return services.
Now in the modern world it is completely realistic for you to complete your tax return online or over the phone, and for you to never have to meet with your tax agent face-to-face. But many people still like to do their taxes the old fashioned way or like a bit of extra help. So for all you residents of Sydney looking for a tax agent in your area, we’ve provided a snapshot of some of the most prominent companies in the city, as well as options for completing your tax online.
Have you considered an online tax agent?
What areas in Sydney are popular tax agents available?
|Tax Agent||Some Locations||Price|
|H&R Block||Assisted returns start from $70 for under 21s|
|ITP||Assisted tax returns start from $79 for under 21s|
|Navado||Standard tax returns from $143.00|
Please note that this is not a complete list, but a snapshot. If you don’t see your suburb listed here that doesn’t mean there aren’t services available in your area.
Make sure that anyone you are thinking of trusting with your tax is fully licensed and registered. To check this, make sure they are registered with the Tax Practitioners Board (TPB). The TPB section of the official Australian Government website has a full list of registered tax services.
How do I compare tax agents in Sydney?
After determining if the tax agent is properly registered, there are three main factors in deciding which tax service you should use. These are:
- Do they offer the service you require? (Individual, business, trust etc.)
- What is their method of preparation? (Entirely online, in person, over phone etc.)
- What are their fees?
Once you’ve found a service that you like, can comfortably afford and that you know is fully registered, the next step is to make contact with them and discuss your needs. Some agents will make an appointment for you to visit their offices, others will talk over the phone, but either way you should have all of your financial statements ready so that they can begin preparing your return and make accurate calculations.
What are the pros and cons of using a tax agent?
- Less stress. Tax can be taxing. It can be easier to give your financial information to a professional and let them do the rest.
- Less errors. Leaving it up to a professional to ensure everything is entered correctly first time around will save you work and stress later on.
- Maximum deductions. Not sure what you can and can’t deduct? Your tax agent will be. And they will see that you get every single deduction that you can.
- Fees. The fees and commission can sometimes amount to a decent chunk of money. If things are tight, then you might prefer to keep this in your own pocket.
What are some questions to ask your tax agent?
- Ensure that they are fully certified with the TPB.
- Ensure that they have expertise with your type of return.
- Ask about the many deductions that you might be entitled to.
- Ask for a written confirmation of fees and ensure there will be no further fees or charges.
- Ask for a time frame of your return and enquire what compensation is available if any deadlines are missed by your service.
- Ask about what you can do in the coming year to increase your deduction the next tax year.