I am a sparky by trade have been working in karratha in the mines. last financial year i paid $33,253.00 in tax.
I bought my first IP in April this yr. so only had a few months to claim it till the 1st of july on my first tax return.
All i got back this year was $1497.04.
And my accountant bill was:
time devoted to personal lodgement $250
time devoted to IP lodgement $260 (only had IP from April)
GST=$51
TOTAL=$561
So after i pay that bill im left with $936 bucks.....which i thought was pretty poor.
does this seem right?
I bought my first IP in April this yr. so only had a few months to claim it till the 1st of july on my first tax return.
All i got back this year was $1497.04.
And my accountant bill was:
time devoted to personal lodgement $250
time devoted to IP lodgement $260 (only had IP from April)
GST=$51
TOTAL=$561
So after i pay that bill im left with $936 bucks.....which i thought was pretty poor.
does this seem right?