Tax Return & Tax Saving Review
More than lodgement. A proper review.
A tax return shouldn't just be about sending your numbers to the ATO. A proper review helps you claim everything you're entitled to, stay compliant, and spot ways to legally reduce tax — this year and next.
Here's what's covered in every tax return we prepare. Five areas, carefully checked so nothing's missed and every legitimate deduction is claimed.
Income Review
- Salary, wages, allowances, and income statements
- Rental income, interest, dividends, trust distributions, and capital gains
- Business or contractor income verified against records and statements
- ATO pre-fill data checked for accuracy and completeness
Deduction Opportunities
- Work-related deductions — tools, travel, uniforms, home office, and more
- Business expenses and contractor-related deductions
- Rental property deductions — interest, depreciation, repairs, maintenance
- Professional memberships, training, and education expenses
Tax Saving Strategies
- Review of available tax offsets and rebates
- Checking whether personal deductible super contributions have been made
- Review of whether your structure supports income splitting
- Correct structure usage to minimise tax across business and personal income
Compliance & Risk Check
- Review of ATO lodgement history and outstanding returns
- Ensure records meet ATO substantiation requirements
- Identify potential ATO red flags or audit risks
- Confirm correct reporting of all income sources
Forward Planning
- Strategies for reducing tax in the coming year
- Review of business or investment structure efficiency
- Guidance on record keeping to maximise next year's deductions
- Tailored tax advice to help optimise your overall tax position
Why we do it this way
A lodgement takes minutes. A review takes thought.
Plenty of tax agents will lodge your return in ten minutes. That's fine until something's missed — a deduction you were entitled to, a rebate you didn't know existed, or a structural issue that costs you next year. A proper review is the difference between getting your numbers in and getting your numbers right.
Ready to get it done properly
Let's review your return together.
Get in touch to book a tax return or discuss a review of your current situation. No obligation, no pressure.
General information only. Tim Cook Tax does not provide financial planning advice. For personal financial planning advice, speak to a licensed financial advisor.