What to look for in a tax accountant in North Sydney

tax accountant in North SydneyIf you don’t have the expertise to lodge your own tax return then you should look at investing in a tax accountant in North Sydney. Past research has shown that people in Australia are more likely to improve their tax refund if a professional is hired to do the job for them.

When you enlist the services of a tax accountant in North Sydney you can be assured that all of the details are correct and accurate. Using a professional could save people a lot of time and you can usually expect your tax return to be in your bank account within 2 weeks.

If you’re planning on using a tax accountant in North Sydney here are the things that you should look for;

Their registration and qualifications

If you refer to the ATO (Australia Tax Office), registered tax agents are the only companies or people who are permitted to charge a fee to prepare and lodge someone else’s tax return. Before you confirm the services of a tax professional, make sure that they are registered with the Australian Tax Practitioners Board.

If they are registered they are required to act under the code of conduct of tax agents and must;

  • Act with integrity and honesty
  • Act in a lawful manner with the best interests for their clients
  • Ensure the privacy and confidentiality of their clients information
  • Ensure that the services provided are in a competent manner
  • Maintain the skills and knowledge of the profession
  • Make their clients aware of their rights and obligations

Their experience

The experience of your potential tax accountant in North Sydney is important when you are planning on using their services. It’s best to look for a professional who has experience across many different types of tax returns including for businesses and different occupation types.

If you are a business and are seeking a tax professional for your business tax return it’s best to see if they have had experience with both small and large businesses. This way they can accommodate for your business as you grow so you don’t have to seek a new tax accountant in North Sydney.

They show initiative

When you are seeking a tax accountant in North Sydney you should look for someone that takes initiate and is proactive about helping you save money. The best kind of tax professional will do more than just collapse your receipts for you. They will come up with different strategies and implementations to help maximize your refund.

They are also able to answer any questions or queries that you may have referring to your tax report. You should opt for someone who is able to suggest new techniques to help you save but not take risks that could land you with tax avoidance charges.

They should care about you

The most important thing that you should look for in a tax agent in North Sydney is that they care about you. They should be friendly, approachable and affordable. A good tax accountant in North Sydney should be transparent and able to provide all of their costs up front and easy to get a hold of when you need them.

So if you’re dreading doing your tax return this upcoming year, look at finding a tax accountant in North Sydney. They are there to help you and make your life as easy as possible.