Guides & Resources

Accountant for Tax Return

Maximise 2026 tax savings.

Use an accountant to lodge returns, claim deductions, and stay compliant with expert guidance from a trusted firm.

Book Your Free Consultation
*Free for all ABN holders · Limited spots available
Lodge My Tax Return
★★★★★ 600+ 5 Star Reviews
xero Xero Platinum Partner
Blog featured image
Watch on YouTube

Lodging your tax return might seem straightforward, especially with tools like myTax—but when you run a business, have multiple income streams, or want to maximise your deductions, working with a registered accountant can make a real difference.

This guide explains why using an accountant for your tax return in Australia is often a smart investment, what they actually do for you, and what to look for when choosing the right one.

Do I need an accountant to do my tax return?

No, it’s not mandatory—but for many people and businesses, it’s highly recommended.

You can lodge your own return using ATO online services. But if you:

  • Run a business (even as a sole trader)
  • Own investment property
  • Have capital gains or crypto assets
  • Claim lots of deductions
  • Want to avoid mistakes or penalties
  • Just don’t want the hassle

…then an accountant can simplify the process, save you time, and usually get you a better result.

tax

What does an accountant actually do for a tax return?

A good accountant will:

  • Review your income and deductions and ensure everything is declared properly

  • Identify deductions you may have missed, like depreciation, travel, or home office costs

  • Check for compliance with ATO rules (especially if you work across multiple income streams)

  • Help structure things for future years, not just file and forget

  • Lodge your tax return with the ATO on your behalf

  • Communicate with the ATO if there’s a refund delay or audit query

What’s the difference between using an accountant and doing it yourself?

Using myTax (DIY)

Using a Registered Accountant

Time required

High

Low (you provide info, they handle the rest)

Risk of missing deductions

High

Low (accountants know all allowable claims)

Risk of errors

Moderate to High

Very Low

Audit protection

None

Accountants deal directly with the ATO

Personalised advice

None

Yes—can improve future outcomes

Is an accountant allowed to lodge tax returns?

Yes, but only if they are a registered tax agent under the Tax Agent Services Act 2009. You can check their registration on the Tax Practitioners Board website.

Never use someone who isn’t registered—it could lead to delays, incorrect lodgements, or even ATO penalties.

How much does it cost to get an accountant to do your tax return?

Pricing varies based on your situation. Approximate starting points:

  • Individual tax return (simple): $150–$300

  • With rental property or investments: $300–$600

  • Sole trader / contractor: $400–$700

  • Company or trust return: $1,000+ depending on complexity

Important: The fee is tax-deductible in the year you pay it.

Tax Records

What should I bring to a tax return appointment?

Bring anything related to income or deductions for the financial year:

  • PAYG payment summaries or income statements

  • Bank interest summaries

  • Records of income from ABN or side hustles

  • Expenses: tools, equipment, subscriptions, travel, training, etc.

  • Private health insurance info

  • Donation receipts

  • Rental property statements

  • Prior year’s tax return (if changing accountants)

What makes a good accountant for tax returns?

Look for:

  • Registration with the Tax Practitioners Board

  • Experience in your income type or industry

  • Fixed-fee pricing, no surprise invoices

  • Clear explanations without jargon

  • Use of cloud tools for fast and secure sharing of documents

  • Responsive communication during and after tax time
Accountants award night

FAQs

Is the accountant’s fee tax-deductible?
Yes. You can claim the cost of managing your tax affairs—including accountant fees—as a deduction on your next return.

Can an accountant help if I’ve made a mistake in a past return?
Yes. They can review past years, amend your return and help deal with any ATO correspondence.

What if I’m late lodging?
Accountants often have extended lodgement deadlines if you’re registered with them before 31 October. They can also request deadline extensions if needed.

Will I get a bigger refund using an accountant?
In many cases, yes—because they know how to legally maximise deductions and structure things correctly.

Want peace of mind with your tax return?
Contact Latitude Accountants to take the stress out of tax time. Whether you’re a sole trader, contractor, investor or employee, we’ll ensure your return is accurate, compliant, and working in your favour.

📞 Contact Latitude Accountants
📧 info@latitudeaccountants.com.au
🌐 www.latitudeaccountants.com.au

Disclaimer

This information is general in nature and does not constitute financial or tax advice. Legislation and policies may change and individual circumstances vary. Always consult a registered tax agent or the ATO for advice specific to your situation.

Free Consultation

Got questions after reading this?

Book a call with our team. We'll walk through your situation and help you understand your options — no obligation.

Book Your Free Consultation

*Free for all ABN holders · Limited spots available

Call 1300 706 597
★★★★★ 600+ Five Star Reviews

What We Do

Chartered accountants who work proactively

Not just at tax time — all year round.

Tax compliance, planning & lodgements
Business structuring & setup
Asset protection strategies
Vehicle, property & investment accounting
Year-round support — not just EOFY

Before You Make a Move

Six times you should call us first

Most costly mistakes happen before the paperwork is signed.

01

Buying a vehicle

Structure, FBT, and depreciation all need to be right before you sign.

02

Taking money out

Wages, dividends, or drawings each carry different tax consequences.

03

Buying property

Who buys it changes your GST, land tax, and CGT position entirely.

04

Hiring your first employee

Payroll, super, and STP obligations kick in from day one.

05

Buying or selling a business

You can inherit someone else's tax debt. Know what you're buying first.

06

Taking on a partner

Equity splits need proper structure upfront. A handshake deal costs more to unwind.

Get In Touch

Phone

1300 706 597

Hours

Mon – Fri

9:00am – 5:30pm

Stop Guessing. Start Making Better Decisions.

Get clarity on your numbers, your structure, and your next move. Speak directly with our team and walk away knowing exactly where you stand.

Book Your Free Consultation
Completely Free No Obligation Fast Response

Can You Claim Mobile Phone and Home Office Expenses on Your Tax Return?

Working from home and using a personal mobile phone for work have become common for many Australian employees and professionals. But does that automatically mean you can claim these costs on your tax return? Not necessarily. As Latitude Accountants CEO John Saade...

What Should Property Investors Consider Before Buying in a Falling Market?

A falling property market can create opportunities for investors, but a lower price does not automatically mean a property is a good investment. In this episode of The CEO Breakdown, John Saade discusses weakening conditions across Australia's major property markets,...

ATO Car Expense Audit: What Evidence Do You Need to Claim Your Vehicle?

Claiming vehicle expenses can be a valuable tax deduction for eligible Australian taxpayers, but car-related claims can also require significant supporting evidence if the ATO reviews your tax return. In this video, Latitude Accountants CEO John Saade examined a real...

Sydney vs Melbourne Property: Which Market Makes More Sense for Investors?

Sydney and Melbourne remain two of Australia's most closely watched property markets, but recent conditions suggest they are moving in different directions. In this episode of The CEO Breakdown, John Saade examines weakening auction activity, changing property values...

The Property Crash That Could Trigger a Recession: What Australian Property Owners Need to Know

Australia's property market has entered a period of greater uncertainty, with falling prices in some markets, tighter borrowing conditions and the prospect of higher interest rates creating concerns for homeowners, investors and businesses. In this episode of The CEO...

ATO Audit Checklist: 10 Documents You Should Keep for Your Tax Deductions

An ATO audit can be stressful, particularly if you are asked to prove the deductions you claimed on your tax return. However, having the right records from the beginning can make the process much easier. In this discussion, Latitude Accountants CEO John Saade...

Can Using Super for a Home Deposit Really Make Housing More Affordable?

For many Australians, saving enough money for a home deposit can feel like one of the biggest barriers to entering the property market. With property prices remaining high relative to household incomes, the idea of allowing Australians to access more of their...

Can High Tax Deductions Trigger an ATO Audit? What Taxpayers Should Know

Claiming legitimate tax deductions can reduce your taxable income, but unusually high deductions may also attract the attention of the Australian Taxation Office (ATO). This does not mean that claiming a large deduction is wrong or that a high deduction automatically...

Should You Use Your Super to Buy a Home? The Financial Risks to Consider

Australia's housing affordability debate has increasingly focused on whether people should be allowed to access their superannuation to help buy a home. On the surface, the idea sounds straightforward: if Australians already have money in super, why not allow them to...

The Federal Budget Tax Changes Are a Mess: What Australians Need to Know

The 2026 Federal Budget promised tax relief for Australian workers, support for housing and changes designed to make the tax system fairer. But as the details have emerged, many taxpayers, investors and small business owners are left asking a simple question: how will...