Employment income reporting
Employment income reporting
Dec 11, 2021
servicesaustralia.gov.au
This year you might receive an ‘income statement’ instead of a payment summary from your employer. So what does that mean for you this tax time? Check out our video for handy info about the changes and how they might affect you. ⚠️ If you use a tax agent to lodge your return, you won’t need to do anything – they’ll have access to your income statement info through their systems! Read further details, including instructions on how to access your statement at www.ato.gov.au/Individuals/Working/Wor
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This year you might receive an ‘income statement’ instead of a pa…
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Access your income statement
Access your income statement
9 months ago
ato.gov.au
How to show proof of income with bank statements
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cgaa.org
Are you or your partner working and also getting a Centrelink payment? How much you or your partner are paid affects your payment. We need to know what you both get paid so we can pay you the right amount. But what exactly do you need to report? And when do you report it? Our video covers this and more. You can also go to: www.servicesaustralia.gov.au/incomereporting | Services Australia
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What documents you need for Self-Assessment ✅ Income statements - Collect all income documents, including salary payslips, rental income and freelance earning. These are essential for an accurate ✅ Expenses Receipts - Keep on track off all deductible expenses like office supplies and travel cost. These can help lower your tax liability.✅ Bank Statements - Your bank statements provide a clear record of your financial transactions. Ensure they cover your entire tax year.✅ Tax deduction records - G
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