Tax Returns in Geelong
- Accredited tax accountants
- Transparent pricing
- Xero payroll certified
Our Affiliations
Individual Focus
Accurate Lodgements, On Time
Completing tax returns correctly is essential to avoid penalties, ensure compliance and maximise eligible deductions. At Accountsloop Tax & Business Advisory in Geelong, individuals and business owners benefit from services that meet strict ATO requirements while simplifying the process of preparing and lodging returns.
Services include current, late and amended returns, as well as guidance on offsets, deductions and income reporting for investments or rental properties. This structured approach helps ensure accuracy, reduces the risk of audit and provides peace of mind for taxpayers.
Call today on (03) 4224 0490 to arrange your tax return with our team.
Current Year Lodgements
Late & Amended Returns
Deduction Optimisation
Compliance Support
Clear Processes, Reliable Outcomes
Tax return preparation involves more than recording income; it requires understanding of ever-changing legislation, offset eligibility and reporting rules for capital gains, superannuation and business income. Our oversight ensures that all obligations are met, income is reported in line with ATO standards and supporting records are properly maintained.
By streamlining the lodgement process and applying compliance checks, tax returns become less stressful and more transparent. Structured systems also help individuals and businesses prepare for future years, with planning strategies that reduce risks and improve financial efficiency.
FAQ
Everything You Need To Know
What happens if I lodge my tax return late?
Lodging late can result in penalties from the ATO, which are calculated based on how overdue the return is and the entity’s size. Interest may also accrue on unpaid tax debts. In some cases, the ATO may remit penalties if reasonable circumstances are provided, but consistently late lodgements can increase the chance of audit.
Can I amend a tax return after it has been lodged?
Yes, tax returns can be amended if an error or omission is identified. Amendments can include adding missed income, correcting deductions or updating personal details. Time limits apply — generally two years for individuals — so it is important to act promptly if changes are required.
What deductions can I claim on my tax return?
Deductible expenses depend on your income type and occupation. Common deductions include work-related costs, travel for work, self-education and home office expenses. Each deduction must be substantiated with records such as receipts, logbooks or invoices. The ATO sets strict guidelines on what is allowable, so accurate record-keeping is essential.




