News

Bigger refund likely using accountant

WITH the arrival of ‘tax time’, the ATO has announced that this year it will be focusing on three common errors made by taxpayers – incorrectly claiming work-related expenses, inflating claims for rental properties and failing to include all income when lodging.

Cynthia Theophilou’s helping people from all walks of life and backgrounds to maximise their tax refunds.

However, professional help is only a phone call away to help you avoid all the pitfalls.
After working alongside her well known father Peter Theo OAM for over two decades and for the last seven years following his passing, Cynthia Theophilou has successfully taken the reins of their tax accountancy business in Greenacre as she is just as passionate about maximising customer tax refunds.
“Our agency’s expertise and knowledge of tax laws will give customers every deduction that is possible and we vigilantly keep ourselves updated every year regarding any tax law changes,” Cynthia said, adding it was particularly important to get work-related expenses submitted correctly to maximise client refunds in accordance with ATO guidelines.
“People can do their own tax returns but to avoid errors and do themselves justice, it’s best to book in with an accountant as only they will know the correct reductions to save them money and get them the best outcome for their returns.
“Our staff are experts in all types of tax returns including individuals, partnerships and companies as well as the preparation of all BAS statements.”
During tax time, the office at 332 Waterloo Road, Greenacre, where you can meet Cynthia and her team, is open for extended hours, including Saturdays, to accommodate people who work late.
To make an appointment, phone 9642 4801.