Individual Tax Returns

Simplify your individual tax return process with personalised advice and expert filing services from Factor1 Accountants & Advisers.

About Individual Tax Returns

At Factor1 Accountants & Advisers, we specialise in simplifying the individual tax return process. Whether you’re a salaried employee, contractor, or self-employed, our experienced team ensures that your tax obligations are met efficiently and accurately. We stay up-to-date with the latest tax regulations, allowing you to take full advantage of any deductions or benefits you may be entitled to. By offering a personalised approach, we help you navigate the complexities of tax returns with ease.

We aim to make tax time stress-free by providing tailored advice to minimise your tax liability and ensure compliance with all relevant laws. With our expert guidance, you can rest assured that your individual tax return is handled professionally, giving you peace of mind and more time to focus on what matters most.

Common Challenges We Help Address

Filing individual tax returns comes with various challenges, from understanding deductions to managing complex income sources. Factor1 provides expert solutions to make the process easier and more beneficial for you.

Maximising Deductions
We identify all potential deductions to ensure you are not overpaying on taxes, helping you maximise your refund.
Complex Income Streams
Whether you have multiple jobs, investments, or self-employment income, we accurately report all income streams.
Tax Compliance
We keep you compliant with Australian tax laws, minimising the risk of errors and potential audits.
Changing Tax Laws
Our experts stay updated on tax law changes and ensure you benefit from any new tax provisions.
Time Management
We handle the entire tax process, saving you the time and effort of filing and managing tax documents.

Why Businesses Need Accounting & Bookkeeping

Streamline finances, ensure compliance, and drive growth with expert accounting solutions.

What is an individual tax return?

An individual tax return is a form submitted to the ATO annually to report income, claim deductions, and determine tax payable or refundable.

When is the deadline for lodging an individual tax return?

The standard deadline is October 31st each year, but if you use a registered tax agent, you may have extended lodgement dates.

Can I claim deductions on my individual tax return?

Yes, you can claim deductions for work-related expenses, donations, and other eligible costs that reduce your taxable income.

What happens if I don’t lodge my tax return on time?

Late lodgement can result in penalties and interest charges from the ATO. It’s important to submit on time to avoid these consequences.

Do I need to lodge a tax return if I earn below the tax-free threshold?

Even if you earn below the tax-free threshold, it’s important to check if you need to lodge, as you may still have obligations or refunds available.

How long does it take to receive my tax refund?

If you lodge online, refunds usually take 1-2 weeks. Paper lodgements take longer, up to 6-8 weeks.

Can Factor1 help with individual tax returns?

Yes, Factor1 offers personalised tax return services to ensure you maximise deductions, avoid errors, and meet lodgement deadlines.

Why Choose Factor1? Your Satisfaction, Guaranteed.

Transparent Pricing

Know exactly what you're paying for with our upfront, competitive pricing—no hidden fees, no surprises.

Trusted Experts

With years of experience in bookkeeping, corporate services, and financial solutions, our team provides reliable, accurate, and personalised support tailored to your business needs.

Hassle-Free Support

Need assistance? Our responsive team is here to guide you every step of the way, ensuring a seamless experience.

Office Locations

Factor1 is proud to serve clients in person across Victoria or online throughout Australia. Whether you prefer to meet in person or connect virtually, our team is ready to assist you with all your accounting and advisory needs. Explore our office locations below to find the one nearest you.

Melbourne Office

Shepparton Office

KP Office

Bairnsdale

Lakes Entrance

Discover how Factor1 can support your financial success. Schedule your complimentary consultation by clicking the ‘Book Now’ button or giving us a call. Let’s start planning for your future today.

Expert accounting and financial services tailored to your needs. From tax compliance to business consulting, we provide personalised solutions to help your business thrive.

Site Map

Locations

Contact Info

Headquarters
Suite 46-47, Level 3, Building 2, 1 Ricketts Road,  Mount Waverley  VIC 3149

Phone
1300 886 309

Email

Expert accounting and financial services tailored to your needs. From tax compliance to business consulting, we provide personalised solutions to help your business thrive.

Site Map

Contact Info

Headquarters
Suite 46-47, Level 3, Building 2, 1 Ricketts Road,  Mount Waverley  VIC 3149

Phone
1300 886 309

Accounting & Tax

Financial Planning

Estate Planning & Business Succession

Superannuation

Business Valuations

Investment & Financial Planning

Taxation Services

Business / Entity Taxation

BAS Lodgement

Fringe Benefits Tax (FBT)