Every registered taxpayer is required by law to file their returns. This must be done during the tax season. It does not matter whether you earned an income or not during the previous financial year. Failure to file tax returns can have serious consequences on your life. For starters, you will automatically become non compliant with tax laws. Secondly, you will be fined for the breach of the tax code. In addition to that, you may be audited or even prosecuted.
By hiring the best personal tax accountant Sydney has to offer, you can be assured of filing accurate returns in a timely manner. The ideal tax accountant should have years of experience in the industry as well as a great track record. They should also charge reasonable rates for their services. Their reputation in the industry must also be impeccable.