Growth Focus Ipswich

Growth Focus Ipswich Accountants, Financial Advisors and Tax Advisors


Whatever you are finding difficult financially, we are here to help.


Welcome to our FAQ section, designed to provide you with answers to common questions about tax accounting and financial planning in Australia.

Whether you’re looking for information on preparing your tax return, maximising your deductions, or planning for retirement, we’ve got you covered.

If you don’t find the answer you’re looking for, feel free to reach out to our team for personalised assistance.

The answer to maximising tax savings each year involves staying organised, keeping track of deductible expenses, taking advantage of tax credits, and considering professional advice for complex situations.

Tax accountants can help you prepare and lodge your tax return, identify deductions and credits you may be eligible for, and provide advice on tax planning strategies to minimise your tax liability.

You should bring all relevant tax documents, such as income statements (PAYG summaries), receipts for deductions, and any other documents related to your financial affairs.

You can consider strategies such as salary sacrificing into superannuation, claiming deductions for work-related expenses, and taking advantage of tax offsets and rebates.

The deadline for individuals is usually 31 October, but this can vary for certain circumstances. It’s best to check with your tax agent or the ATO.

A tax deduction reduces the amount of your income that is taxable, while a tax offset directly reduces the amount of tax you owe.

Yes, it’s important to keep receipts or other records for any deductions you claim in case the ATO requests them.

Yes, you may be able to claim a portion of your home office expenses, such as utilities and internet, if you meet certain criteria.

It’s a good idea to review your financial plan annually or whenever your circumstances change significantly, such as a change in income or family situation.

Everything a bit overwhelming? Give us a call.