Tax Return Checklist

Income

Bank Charges (Investment Accounts)
Books/Journals
Car Travel (Log Book, Kilometre estimate, 12% of original value or 1/3rd of actual expenses)
Clothing - Occupation specific, compulsory and non-compulsory uniform
Computer equipment – hardware and software
Conference / Prof Development (Registration, Travel, Taxi, Accommodation, Food)
Donations – ATO endorsed; no tangible benefit received from making donation
Education Expenses i.e. Fees, Travel, Exams, Union fees
Borrowing Costs
Equipment and Maintenance (Desk, Light, Chair, Mobile Phone, Tools, Diary, Briefcase, Organisers, etc) – and any relevant insurance and repairs
Home Office (Gas and Electricity)
Interest on Investment Borrowings
Income Protection Insurance
Internet access
Laundry & Dry Cleaning
Library
Mobile Telephone (Costs, Connection & Calls)
Parking – generally not deductible if incurred at your main workplace
Professional Associations E.g. AMA, MDAV, MIPS, MPB, RANZCP, ADA, etc
Professional Insurance
Stationery, Postage, Printing, Photocopying
Subscriptions/Associations
Tax Management Advice
Union Dues/RMO Fees

Cars, plant and equipment, shares, property and managed funds
Transaction details: description of asset, purchase date, purchase cost, date and amount of any expenditure that forms part of the “cost base”, sale date and proceeds
Copies of contracts of purchase, lease or hire purchase

HECS
Private Health Insurance – statement detailing how many days you were covered
Rebates (Health Insurance, Beneficiary, Medical, Low Income)
Medical expenses offset – obtain Annual Tax Summary from Medicare and Health Fund
Baby Bonus – details of both individuals’ incomes in both year of baby event and prior year
CD Form
Salary Packaging
Medicare Surcharge
Super Surcharge

This check list is intended as a basic guide only, designed to be used in conjunction with a qualified professional