For those not in Australia, the financial year runs from July 1st to June 30th of the following year. I have no idea how that compares with other countries. It only just occurred to me now to wonder whether that was universal. I don't know, you tell me. :)
You can start submitting your tax return from July 1st. The deadline to have it done by is October 31st. There are other extenuating circumstances, but if you're doing your own tax; you have that four month window. Seems plenty doesn't it.
A few people have asked how I manage to fit it all in.
The answer is badly.
I have not done my books for many months... many many months. So many that doing my tax is a bit of a chore.
And typically, as with every year here I am working to submit it at the last minute before the deadline.
Once my tax is done, and I'm nearly there! My next deadline will be the Gwendolyn pattern, which I hope to have ready for release on Thursday.
Are you just as hopeless at things like tax as I am?
How do you stay organised?
My plan is that every fourth Monday (I have every second one without Toby as he goes to his little bestie's house for the day) I will spend some time making sure my financial paper bits are up to date. Yep, that's going to be the new super organised on-top-of things business-type me!
Can't wait!
oooh that does sound very organised!
ReplyDeletegood luck!
xo
Oh how we all dislike tax time! Hope you get it all done without too much stress :) Having lived in Canada I can tell you their tax year runs January to December, so not all the same everywhere! Only a few more days to go with the blogging. I have really enjoyed this month and learnt a great deal. Thanks for taking the time :)
ReplyDelete