News
Sole Traders and Individuals Tax Deadline of October 31st!
As clients of TaxAssist Accountants you will be granted an extension on the October 31 tax deadline avoiding costly fines. Friends and family may not be so fortunate!
Australians have until midnight on October 31, 2024, to lodge their 2023/2024 tax returns and avoid costly fines. Missing the deadline could lead to immediate penalties of up to $1,565. It is essential for friends and family to act quickly if they are not with a Tax Agent.
If you want to help them, please send them the link to this page.
As the October 31 deadline approaches, it’s crucial for individuals without a tax agent to ensure their tax return is lodged correctly, even if your business has incurred a loss.
When you partner with TaxAssist Accountants, you can benefit from our expertise in navigating the complexities of tax obligations. Here’s how we can assist you:
Maximise Your Deductions
Our team will help identify all eligible business deductions you can claim, ensuring you don’t miss out on potential savings.
Accurate Record Keeping
We’ll guide you in maintaining proper records to substantiate your claims, giving you peace of mind in case of any ATO enquiries.
Timely Lodging
If you’re concerned about meeting the October 31 deadline, we can get an extension for you.
Support During Financial Difficulties
If you're facing financial challenges, it's essential to reach out for support. We can discuss your circumstances and provide tailored advice to help you navigate this period.
Don’t leave your tax return to chance—let us handle it for you!
Call us at 08 6245 7506 for a free 20-minute consultation today!
Date published 29 Oct 2024 | Last updated 31 Oct 2024
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our multiple locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.