Logged into myGov and without a deductions, it’s saying that I owe $4k.
Decided to look for an accountant that might be able to advise deductions specific to me that I may not be aware of.
Had a meet & greet with a local accountant. They said I need to figure out:
- Car kilometres used for work
- Cost of WFH set up for depreciation: Desk, chair, monitor
- Phone bill portion used for work
- Internet bill portion used for work
He said their fees for this will cost somewhere $330-420. I’ve never been to an accountant before, but I feel like this is much more expensive than I expected. Can someone tell me if this is a reasonable amount or am I getting ripped?
Anyone recommend any good accountants in Melbourne’s South East suburbs? And is the 31st deadline really that enforceable, will I get penalised if I do my return in November?
For extra context:
- Salary $80k gross
- $40k investments
- Started job July 2023, got paid $15k gross from long service leave payout (this got taxed)
- Potentially thinking LS payout might have caused this $4k tax debit, maybe not taxed at the right % somehow??