What Tax Records Should I Keep

In order to accurately complete your tax return you need to keep good records. Generally you must keep written evidence for five years. Some examples of records you should keep include:

  • payments you received, such as salary, share dividends, pension or bank interest
  • tax deductable gifts or donations
  • medical expenses
  • expenses related to income you received, such as work-related or rental property expenses
  • buying or selling assets such as rental properties shares or collectables.


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See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - checklist of eTax and Assessable Income and deductions and checklist of eTax and Allowable Deductions.

 For help with your eTax return see our eTax Return Checklist.

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Our Web Based Tax Return App will step you through all the necessary questions to increase your 2014 tax refund estimate and take into account all relevant tax deductions and tax offsets. Try it now. Its FREE to get started! 

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