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Here are the questions for the 2024 Individual Income Tax return.

1.  Have you changed jobs since last year 30 June 2023?

2.  What is your job description?

3.  Do you have a daily record of hours worked from home? Please see at end an example of a diary record. You do not need a dedicated work area. Please supply the number of hours worked from home for work related purposes, if you have such a record.

4.  Did you purchase any furniture or office equipment for work purposes? Please provide invoices. You can keep a 4-week record showing work related usage percentage. Please provide this %.

5.  If you wish to claim home expenses using the actual cost method, please refer to our blog on our website of how to calculate these separate items.

6.  If you used your motor vehicle for business purposes for which you were not reimbursed, supply model, rego and make of car. How many work-related km’s did you travel.

7.  Do you have a logbook for details of your travel?

8.  Did you pay for airline travel outside of your home city for work purposes?

9.  Do you have a compulsory work uniform? How often did you wash it per week? Is it washed alone or with other clothes?

10.  If you have a non-compulsory work uniform, has your employer registered the design with AusIndustry?

11.  Did you buy any tools, books, journals for work? Please send me the invoices.

12.  Did you undertake any self-education courses? Please send me the invoices

13.  Did you make any donations to a deductible gift recipient? Please send the receipts.

14.  Do you have income protection insurance? Please send the annual statement showing the premiums.

15.  Did you make any personal superannuation contributions? If so, please provide the letter from the superfund acknowledging this.

16.  If you have an investment property, please provide the following:

  • Depreciation report
  • Real estate agents’ annual statement
  • Details of other expenses paid personally
  • Title deed
  • Bank statements showing the total interest on a mortgage

17.  Did you purchase or sell any shares or other investments? Please supply transaction details.

18.  Did you have any crypto-currency transactions? Please send a CSV file of the transactions in any exchanges and wallets. Please note the additional fees as per our website, for analysing these transactions.

19.  Please send  details of any foreign income earned.

20.  Please supply your BSB and bank account number.

21.  If you are a member of a private medical aid, please send me your private medical aid statement.

22.  Do you have an invoice from the tax agent who did your last tax return?

23.  If you have a spouse, what was the taxable income of your spouse for 2023?

24.  How many dependent children did you have at 30 June 2023

You can copy these questions into a word document and respond with as much information as required.

 

Should you have any questions specific to your situation, contact us at questions@accoladeaccounting.com.au or contact  Accolade Accounting on (08) 6263 4466 or (03)  9524 3145 to get further advice.