Personal Tax Return – with Investment Property
A client with an investment property was welcomed on board at CATS Accountants. After reviewing his previous tax returns, we were able to advise him the best options for maximising his deductions. We amended his two previous tax returns and lodged his current tax return, capturing the additional deductions. Our new client happily received substantial refunds for the three years of tax returns.
CATS Accountants welcomed a business client whose previous advisor had completely lost interest in them. Despite having a successful business, they were in a very distressing situation beyond their control with multiple BASs overdue and potentially substantial amounts owing to the Tax Office. CATS assisted by putting the pieces together and finalising the BASs. The Tax Office then imposed penalties and interest for late lodgement. CATS genuinely believed that this was not fair and after approaching the Tax Office on behalf of the client they agreed to waive all charges. Our client was thrilled with the outcome and wholeheartedly appreciated the thoughtfulness and understanding they received from the team at CATS Accountants.
The tax system is complicated especially when it comes to GST. CATS Accountants identified that a new client wasn’t registered for GST by his previous advisor when in fact the specifics of his industry means that he must be registered from the first day of trading. CATS assisted the client by registering him for GST, preparing the outstanding BASs and requesting that any penalties and interest be waived under the circumstances. At CATS Accountants we provide professional and caring services to our clients.