1
Personal Tax Return Checklist
Please use this handy checklist to make sure you don’t miss out on any
allowable deductions and are able to lodge a complete tax return.
Income Checklist
AMOUNT
Group Certificate(s)
Please supply
Interest Received: Account no. & branch BSB no. required
$
Other Income: (Dividends, Trust Distributions, other earnings)
$
Government Pensions & Allowances:
$
Lump Sum & Termination Payments:
$
Other Pensions & Annuities:
$
Allowances: (e.g. entertainment, car etc)
$
Distributions from Partnerships or Trusts:
$
Assets Sold: Details of any assets sold that were either used
for income earning purposes or may be subject to capital gains
tax
$
Spouse earnings: Required if a rebate or FTI is claimable
$
Self Employment Income:
$
Prepared by Pizzinga & Associates ABN 30 838 591 821 for guidance only.
2
Expense Checklist
AMOUNT
Protective/Compulsory Clothing & Laundry:
Briefcase/calculator/folder/PDA:
Self Education (Books, Tutorial Fees):
H.E.C.S Debt:
Subscriptions to Trade, Professional or Business Associations:
Magazine & Newspaper Subscriptions:
Union Fees:
Tools of Trade:
Overtime Meal Allowances:
Award Transport Allowance Claims:
Conventions, Seminars & Conferences:
Income Protection Insurance (excluding death & total/permanent
disability):
Telephone/Fax: Business use only
Internet Access – Dial up/Broadband
Mobile: Business use only
Donations & Gifts to School Building Funds:
Superannuation:
(1) Self Employed (2) Employee if gross income is below $31,000
Medical Rebate: (See note attached)
Tax Agent Fees:
Interest on Loans to purchase equipment or income earning
investments:
Interest and Dividend Deductions:
● Account Keeping Fees
● Ongoing Management Fees
● Interest on Borrowings to Acquire Shares
● Advice relating to changing investments (but not setting them up)
Interest on Loans to purchase equipment or income earning
investments:
Motor Vehicle Expenses: Business use only
● Bridge/road tolls (if travelling on business)
● Car Parking (if travelling on business)
● Kilometres completed when travelling for business
● Fuel Expense when travelling on business
Motor Vehicle Expenses: If vehicle registered under company name
● Registration
● Tyres/Batteries
● Repairs & Maintenance
● Interest cost on Loans
● Insurance
Home Office Expenses: (expenses incurred at home re business)
● Cleaning
● Heating/Cooling
● Electricity
● Telephone
● Computer Equipment
● Other Equipment
● Software
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
NOTE: Please ensure work related claims above $300 can be substantiated.
Prepared by Pizzinga & Associates ABN 30 838 591 821 for guidance only.
3
Rental/Investment Property Checklist
Rental Income:
$
Rental Expenses Total: (please refer table below)
$
Advertising for Tenants:
$
Body Corporate Fees:
$
Borrowing Expenses:
$
Cleaning:
$
Council Rates:
$
Capital Allowances (depreciation):
$
Gardening/Lawn Mowing:
$
Insurance Expense:
$
Interest on Loans:
$
Land Tax:
$
Legal Fees:
$
Pest Control:
$
Property Agent fees/commissions:
$
Maintenance & Repairs:
$
Capital Works (special building write-off):
$
Stationery, telephone and postage:
$
Travel Expenses: (to inspect the property)
$
Water Charges:
$
Sundry Rental Expenses:
$
Prepared by Pizzinga & Associates ABN 30 838 591 821 for guidance only.

NOTE – MEDICAL EXPENSES
Net medical expenses are your total medical expenses minus refunds from Medicare and private health
insurers which you, or someone else, received or are entitled to receive.
To be eligible to claim this offset, you must have either:
o
received this offset in your 2012–13 income tax assessment; or
o
paid for medical expenses relating to disability aids, attendant care or aged care.
If you received this offset in your 2012–13 income tax assessment, there is no change to the types of
net medical expenses that you can claim.
If you did not receive this offset in your 2012–13 income tax assessment, you can only claim net
medical expenses relating to disability aids, attendant care or aged care.
To be eligible to claim the offset in 2014–15, you need to have received the offset in your 2013–14
income tax assessment. 2014–15 is the final year you can claim unless you have medical expenses
relating to disability aids, attendant care or aged care, in which case you can claim the tax offset for
these expenses up to the 2018–19 income tax year.
This offset is income tested. If you are eligible for the offset, the percentage of net medical expenses
you can claim is determined by your adjusted taxable income (ATI) and family status.
Work it out
Work out your adjusted taxable income by using our Income tests calculator.
End of work it out
Use the table below to work out whether you can claim this tax offset.
Table: Entitlement to net medical expenses tax offset
Family status
ATI threshold
What can I claim?
Single
$88,000 or less
20% of net medical expenses
(single at 30 June 2014 and no dependent
over $2,162
children)
above $88,000
10% of net medical expenses
over $5,100
Family
(with a spouse at 30 June 2014, or dependent
$176,000* or less
20% of net medical expenses
over $2,162
Prepared by Pizzinga & Associates ABN 30 838 591 821 for guidance only.
children at any time during the year, or both)
above $176,000*
10% of net medical expenses
over $5,100
* plus $1,500 for each dependent child after the first.
There is no upper limit to the amount you can claim.
The medical expenses must be for:
o
you
o
your spouse, regardless of their income
o
your children who were under 21 years old, including adopted and stepchildren, regardless of
their income
o
any other child under 21 years old who was not a student, whom you maintained, and whose
adjusted taxable income (ATI) for the period you maintained them was less than

for the first child under 21 years old

the total of $282 plus $28.92 for each week you maintained
them, or


$1,786 if you maintained them for the whole year
for any other child under 21 years old

the total of $282 plus $21.70 for each week you maintained
them, or

o
o
$1,410 if you maintained them for the whole year
a student under 25 years old whom you maintained and whose ATI was less than

the total of $282 plus $28.92 for each week you maintained them, or

$1,786 if you maintained them for the whole year
a child-housekeeper, but only if you can claim an amount for them as part of your zone or
overseas forces tax offset, or could have claimed for them had your ATI or the combined ATI of
you and your spouse not exceeded $150,000
o
an invalid relative, parent or spouse’s parent, but only if you can claim for them as part of your
zone or overseas forces tax offset, or could have claimed for them had your ATI or the combined
ATI of you and your spouse not exceeded $150,000
o
a dependant (invalid or carer), but only if you can claim a dependent (invalid and carer) tax offset
for them, or could have claimed for them had your ATI or the combined ATI of you and your
spouse not exceeded $150,000.
You and your dependants must be Australian residents for tax purposes, but you can include medical
expenses paid while travelling overseas.
Prepared by Pizzinga & Associates ABN 30 838 591 821 for guidance only.