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Questions you can ask your tax accountant?

Come prepared this tax season with these extra questions you can ask your personal tax agent.

• Should I set up a trust? Ask your tax return accountant if a trust can impact the amount of tax you need to pay.
• How can you help me prepare for tax time? Tax preparation services can involve a number of things. Therefore you should explain your full situation and ask if you can take advantage of any new tax laws.
• What relevant deductions can I claim on my tax return? This simple question is the easiest way to slice your tax bill.
• What are the pros and cons of salary sacrificing into super? There may be tax advantages for you by salary sacrificing. Get your tax agent to provide you the details.
• Should I consider negative gearing if I’m investing? Your tax return accountant can help you vary the tax if you own investments that have a negative cash flow such as property.

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