As the end of the financial year approaches, many Australians are getting ready to lodge their tax returns. But how can you be sure you’re claiming everything you’re entitled to—without making costly mistakes?
At Boa & Co. Chartered Accountants, we work with individuals, families, and retirees across Australia to maximise their tax refunds while staying fully compliant with ATO rules. With a complex tax system and ever-changing rules around deductions, superannuation, and pension reporting, having the right advice can make a real difference.
Are You Missing Out on Deductions?
Many taxpayers, especially seniors and those with investment income, don’t realise how many deductions they may be eligible for.
Depending on your circumstances, you may be able to claim:
- Work-related car expenses
- Work uniforms or protective clothing
- Self-education or upskilling costs
- Union fees or professional memberships
- Fees for financial advice related to current investments
At Boa & Co., we help you identify all the deductions you’re entitled to—and make sure you don’t miss any details that could reduce your refund.
Avoid Common Tax Mistakes
While most taxpayers aim to do the right thing, many accidentally overclaim because they don’t fully understand the rules. Common mistakes include:
- Claiming without proper receipts
- Relying too much on pre-filled data from the ATO
- Failing to report all income sources (e.g. rental, dividends, overseas income)
- Not including government payments like the Age Pension where required
The ATO may audit your return at any time, so it’s important to keep digital or physical receipts for every expense you claim. Our team at Boa & Co. ensures your documentation is in order and that your tax return is error-free and audit-ready.
Pre-filled Data Isn’t Always Complete
The ATO provides pre-filled data, but this is not always complete—especially if you lodge early. Financial institutions, employers, or investment platforms may not have submitted all required information yet.
That’s why we always recommend working with a professional accountant who can:
- Cross-check the ATO’s data with your actual documents
- Ensure you aren’t under-reporting or over-claiming
- Navigate the tax impact of pensions, super withdrawals, and investment income
Why Work with Boa & Co.?
At Boa & Co., our experienced tax professionals don’t just lodge your return—we act as your trusted advisor, helping you:
- Understand your obligations
- Claim all valid deductions
- Avoid unexpected ATO issues
- Strategically plan for future tax years
We also specialise in assisting senior Australians, investors, and self-managed super fund (SMSF) holders, ensuring that complex income and retirement structures are handled with care and expertise.
Need expert help this tax season? Call Boa & Co. Chartered Accountants today at 1300 952 286, email us at [email protected], or visit www.boanco.com.au to book your tax return appointment. Let us help you get the refund you deserve—safely, smartly, and stress-free.