2024 Individual Tax Return with Investment Property

Let’s get started! Remember, you’re reporting for the period 1st July 2023 to 30th June 2024.

If you’re submitting for a prior year, please let us know in the Notes section.

2024 Individual Tax Return with Investment Property Submission Form

Are you new or existing client to GTS?*
- New
- Existing
How did you hear about us?*
- Google
- Client referral
- Social media
Who referred you?*
We love referrals! We'll send a small gift to your referrer.
Your personal details
Name*
First Last
Postal address*
Street Address Suburb State Postcode
Residential Address*
Street Address Suburb State Postcode
Date of Birth*
DD slash MM slash YYYY
Tax File Number*
Phone*
Email*
Bank details for your refund to be deposited into
Account Name BSB Account Number
Your income details
How many employers did you have during the year?
- 0
- 1
- 2
- 3
- 4+
What was your main occupation title during the year?
Did you earn any bank interest income?*
- Yes
- No
Amount
Which banks did you earn interest with?*
- ANZ
- Bendigo and Adelaide Bank
- BOQ
- CBA
- ING
- Macquarie
- NAB
- Suncorp Bank
- Westpac
- Other
Did you earn any share dividend income?*
- Yes
- No
Please list the companies from which you received these dividends.*
In Australia, the most common companies that pay dividends include: CBA, Westpac, NAB, ANZ, BHP, Rio Tinto, Telstra, Woolworths, Wesfarmers, and CSL.
Did you earn any managed funds income?*
- Yes
- No
Upload your statement of distribution, annual tax statement, transaction statements, cost base information, and any other pertinent documentation.
Did you buy, trade or sell any cryptocurrency?*
- Yes
- No
Confirm your cryptocurrency activity for the year:*
- Purchased
- Traded / transferred
- Sold
Upload your cryptocurrency annual statement or report that summarises your transaction history for the year.
We need a record of all crypto purchases, sales and interest earned. Ideally you should download a crypto tax report from your provider: (Eg. Koinly or Crypto Tax Calculator). This report shows your profit/loss and capital gains for the financial year.
Drop files here or

Accepted file types: pdf, csv, xls, jpg, png, numbers, Max. file size: 2 GB, Max. files: 10.
Did you earn any foreign source income during the year?*
- Yes
- No
It's important to report all foreign income, even if tax has already been paid on it in the country where it was earned, as Australia has mechanisms to avoid double taxation, such as foreign income tax offsets.
What type of foreign income did you receive?*
- Employment income - Salary, wages etc.
- Business income - Profits from overseas business
- Investment income - Interest, dividends, and rental income from foreign investments and properties
- Pensions and annuities - Overseas pensions and annuities
- Capital gains - Gains from the sale of foreign assets
- Trust distributions - Income from foreign trusts
Did you serve in the Australian Defence Force during the year?*
- Yes
- No
How many investment properties did you have?*
- 1
- 2
- 3+
Did you sell any assets during the financial year?*
Did you sell any assets such as shares, cryptocurrency, vacant land or investment properties which were acquired after 20 September 1985?
- Yes
- No
What assets did you sell?*
Assets may include real estate, stock and investments, cryptocurrency, business assets (equipment/machinery), etc. Please upload documentation of when it was purchased, its cost, and any documents relating to its sale or the funds received.
Your circumstances
Were you an Australian resident for tax purposes for the entire year?*
If no, please call us to discuss this issue as residency is a potentially complex area.
- Yes
- No
Did you have a spouse (married or defacto)?*
- Yes
- No
Spouse's Name
First Last
Spouse's Date of Birth:
DD slash MM slash YYYY
Spouse's Taxable Income
Did you have any dependent children living with you?*
*Note: Children up to 21 years of age + full-time students under 25
- Yes
- No
How many dependent children?*
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Did you pay any child support?*
- Yes
- No
Total child support paid during the year:*
An estimate is acceptable.
Did you have private health insurance?*
If yes, please provide us with a copy of the health fund statement.
- Yes
- No
What type of coverage did you have?*
- Extras only
- Hospital cover
Health Insurance Provider:*
Do you have an outstanding HELP / SFSS / TSL debt?*
- Yes
- No
Total amount owing:*
An estimate is acceptable.
Your work-related deductions
Did you use your vehicle for work-related travel during the year?*
- Yes
- No
Make / model Rego number Purchase price Purchase date
What method will you be claiming for your vehicle?*
- Cents per kilometre
- Logbook
Total work kilometres travelled for the year (max 5,000kms):*
Please enter a number less than or equal to 5000.
According to your logbook, what date was it completed?*
DD slash MM slash YYYY

Each logbook you keep is valid for 5 years, but you may start a new logbook at any time.
According to your logbook, what percentage of your vehicle's usage was for work purposes?*
Please enter a number less than or equal to 100.
Provide your vehicle's expenses for the year. Provide actual costs, not estimates.
Registration costs Insurance premiums Repairs and maintenance Fuel and oil Interest on loan Other
Did you incur any work-related travel expenses?*
Types of expenses may include public transport, air travel, taxi fares, ride-share fees, road tolls, parking fees, short-term car hire, meals, incidental expenses, accommodation, etc.
- Yes
- No
Work-related travel expenses expense type and total
Expense type Expense total
Did you incur any work-related uniform, clothing, laundry, protective equipment expenses?*
This is a uniform, either compulsory or non-compulsory that is unique and distinctive to the organisation for whom you work. You can claim the costs of washing, drying, and ironing eligible work clothes, or having them dry-cleaned. You must have written evidence, such as diary entries and receipts, for your laundry expenses if the amount of your claim is greater than $150.
- Yes
- No
Work-related uniform, clothing, laundry, protective equipment expenses expense type and total:
Expense type Expense total
Did you have any self-education expenses relating to your job?*
E.g. Seminars, conferences, courses, education workshops. Note--The activity must have a sufficient connection to your current work activities as an employee and: maintain or improve the specific skills or knowledge you require in your current work activities; and result in, or is likely to result in, an increase in your income from your current work activities.
- Yes
- No
Self-education expenses relating to your job expense type and total:
Expense type Expense total
Did you use your home office for work purposes?*
- Yes
- No
Based on the information you provide, we will automatically calculate which method gives you the largest deduction and apply it to your tax return. You have two options: claim 67 cents per hour or claim the actual cost of your expenses. Many people find that claiming actual costs results in a larger deduction, but for some, the 67 cents per hour option works out better.
What is the total number of hours you worked from home during the year?*
Did you keep a record of all the hours you worked from home?*
You must have kept records of either: your actual hours spent working at home for the year, or a diary for a representative four-week period to show your usual pattern of working at home.
- Yes
- No
Total home energy expenses (electricity and gas) paid for the year?
You likely incurred running expenses (i.e. energy expenses for heating or cooling and lighting). We require the total amount you paid for electricity and gas for the year.
What percentage of your home's energy expenses would you estimate to have been work-related?
Please enter a number less than or equal to 100.
Did you use your home internet for work-related purposes?*
If you used your own internet for work purposes, you may be able to claim a deduction if you spent the money yourself; the expense was directly related to earning your income, and you have a record to prove it. You cannot claim a deduction where you have not incurred any expenses, or you were reimbursed for any costs by your employer.
- Yes
- No
What was your average monthly home internet cost?*
What percentage of your home internet usage would you estimate to have been work-related?*
Did you use your mobile phone for work-related purposes?*
If you used your own mobile phone for work purposes, you may be able to claim a deduction if you spent the money yourself; the expense was directly related to earning your income, and you have a record to prove it. You cannot claim a deduction where you have not incurred any expenses, or you were reimbursed for any costs by your employer.
- Yes
- No
What was your average monthly mobile phone bill?*
What percentage of your mobile phone usage would you estimate to have been work-related?*
Did you incur any other work-related expenses?*
Items may include cleaning of your home office, books, periodicals, digital information, protective glasses, cosmetics containing sun protection, overtime meals, union fees, subscriptions to associations, tools or equipment <$300, stationery, briefcases, satchels, etc.
- Yes
- No
Items may include books, periodicals, digital information, protective glasses, cosmetics containing sun protection, overtime meals, union fees, subscriptions to associations, tools or equipment <$300, stationery, briefcases, satchels, etc.
Description Date of Purchase Cost Work-Related %
Did you purchase any tools, equipment, or other assets that cost more than $300?*
If you bought tools, equipment, or other assets to help earn your income, you can claim a deduction for some or all of the cost. If you use the tools for both work and private purposes you will need to apportion the amount you claim. If you have a computer that you use for private purposes for half of the time, you can only deduct 50% of the cost.
- Yes
- No
Item description, date of purchase, purchase price, and work-related percentage:
Item Description Date of Purchase Purchase Price Work-Related Percentage
Your other deductions
Did you make any donations of $2 or more?*
Donations made to a GoFundMe personal campaigns are generally considered to be personal gifts and are not guaranteed to be tax-deductible. Only donations made to a GoFundMe certified charity campaigns are guaranteed to be tax-deductible.
- Yes
- No
Donations made
Recipient Total
Did you pay any tax agent/accounting fees during the year?*
- Yes
- No
Total amount paid:
If you're already a GTS client, we have your payment information on file. You can leave this blank.
Did you pay any income protection insurance premiums?*
*Note: Does not include policies covered within your super fund
- Yes
- No
Total amount paid:*
Did you make any personal, after-tax, contributions to your superannuation fund?*
*Note: Does not include salary sacrifice.
- Yes
- No
Amount you contributed to super:*
Have you submitted a notice of intent to claim a tax deduction form to your super fund?*
- Yes
- Not yet
Did you make any super contributions on behalf of your spouse?*
- Yes
- No
How much:*
Did you live in a remote area during the year?*
If you lived in remote or isolated areas of Australia you may be eligible for the zone tax offset, which provides a tax reduction based on your location and the duration of your stay in that area.
- Yes
- No
Where did you live?*
Provide suburb and state.
How many days did you live in this remote location?*
Your investment property information
Property address*
Street Address Suburb State Post Code
Date property was purchased:
DD slash MM slash YYYY
Purchase Cost:
Number of weeks available for rent during the year:
Please enter a number from 1 to 52.
Was the property sold during the year?
- Yes
- No
What was the date of the sale contract?*
If property was sold, please provide settlement statement for both purchase and disposal.
DD slash MM slash YYYY
What was the date of the sale contract?*
If property was sold, please provide settlement statement for both purchase and disposal.
DD slash MM slash YYYY
What was the date of the sale contract?*
If property was sold, please provide settlement statement for both purchase and disposal.
DD slash MM slash YYYY
Do you have a quantity surveyor report?*
- Yes
- No
Surveyors Report*
Drop files here or

Max. file size: 2 GB.
Do you share ownership of the property?*
- Yes
- No
Property Shared Ownership*
Name Percentage (%)
Gross Rental Income Received During The Year:
Other Rental Income Received During The Year:
Other rental income may include compensation for lost rent (insurance payments), rental bond money retained to cover outstanding rent or to cover damages sustained to the property, reimbursements and recoupments, such as tenant’s reimbursements for cost of repairs to the property, government rebates for the purchase of a depreciating asset such as a solar hot water system, etc
Advertising Costs
Bank Fees
Bank fees paid for accounts used for collecting rent and paying outgoings
Body Corporate Fees:
Borrowing Expenses:
Search fees, valuation fees, survey and registration fees, lender’s mortgage insurance, etc
Capital Allowances:
Annual write-off for the depreciation of the building and/or any structural improvements or additions. See depreciation schedule prepared by quantity surveyor.
Cleaning Costs:
Council Rates:
Depreciation of fixed assets:
Carpets, blinds, hot water system, air conditioning, etc. See depreciation schedule prepared by quantity surveyor
Electicity and gas costs:
Electricity and gas expenses not paid for by the tenant
Gardening and landscaping costs:
Insurance:
Insurances may cover building, fire, burglary, public liability, landlord insurance, etc
Interest paid on loan:
Land Tax:
Lease preparation, registration, and stamping costs:
Legal costs:
Recovering unpaid rent, seeking damages for breach of agency agreement, reviewing tenant credit worthiness, etc
Pest control costs:
Property management fees / commission:
Quantity Surveyor's fees:
Repairs and maintenance:
Initial repairs will be considered capital improvements and written down over time.
Secretarial and bookkeeping fees:
Security monitoring costs:
Stationery, telephone, and postage costs:
Stationery used to maintain your rental records. Telephone calls relating to property management – Keep a diary record of these to satisfy the ATO. Postage on documents relating to property management.
Water Charges
Hidden
Property address*
Street Address Suburb State Post Code
Hidden
Date property was purchased:
DD slash MM slash YYYY
Hidden
Purchase Cost:
Hidden
Number of weeks available for rent during the year:
Please enter a number from 1 to 52.
Hidden
Was the property sold during the year?
- Yes
- No
Hidden
What was the date of the sale contract?*
If property was sold, please provide settlement statement for both purchase and disposal.
DD slash MM slash YYYY
Hidden
Do you have a quantity surveyor report?*
- Yes
- No
Hidden
Surveyors Report
Drop files here or

Max. file size: 2 GB.
Hidden
Do you share ownership of the property?*
- Yes
- No
Hidden
Property Shared Ownership*
Name Percentage (%)
Hidden
Gross Rental Income Received During The Year:
Hidden
Other Rental Income Received During The Year:
Other rental income may include compensation for lost rent (insurance payments), rental bond money retained to cover outstanding rent or to cover damages sustained to the property, reimbursements and recoupments, such as tenant’s reimbursements for cost of repairs to the property, government rebates for the purchase of a depreciating asset such as a solar hot water system, etc
Hidden
Advertising Costs
Hidden
Bank Fees
Bank fees paid for accounts used for collecting rent and paying outgoings
Hidden
Body Corporate Fees:
Hidden
Borrowing Expenses:
Search fees, valuation fees, survey and registration fees, lender’s mortgage insurance, etc
Hidden
Capital Allowances:
Annual write-off for the depreciation of the building and/or any structural improvements or additions. See depreciation schedule prepared by quantity surveyor.
Hidden
Cleaning Costs:
Hidden
Council Rates:
Hidden
Depreciation of fixed assets:
Carpets, blinds, hot water system, air conditioning, etc. See depreciation schedule prepared by quantity surveyor
Hidden
Electicity and gas costs:
Electricity and gas expenses not paid for by the tenant
Hidden
Gardening and landscaping costs:
Hidden
Insurance:
Insurances may cover building, fire, burglary, public liability, landlord insurance, etc
Hidden
Interest paid on loan:
Hidden
Land Tax:
Hidden
Lease preparation, registration, and stamping costs:
Hidden
Legal costs:
Recovering unpaid rent, seeking damages for breach of agency agreement, reviewing tenant credit worthiness, etc
Hidden
Pest control costs:
Hidden
Property management fees / commission:
Hidden
Quantity Surveyor's fees:
Hidden
Repairs and maintenance:
Initial repairs will be considered capital improvements and written down over time.
Hidden
Secretarial and bookkeeping fees:
Hidden
Security monitoring costs:
Hidden
Stationery, telephone, and postage costs:
Stationery used to maintain your rental records. Telephone calls relating to property management – Keep a diary record of these to satisfy the ATO. Postage on documents relating to property management.
Hidden
Water Charges
Hidden
Did you purchase any assets for the property during the year?
- Yes
- No
Hidden
Purchased assets for property.*
Date Description Cost
Do you have any notes or comments for your accountant?
Please list any other information which you are unsure of, or which you would like us to be aware of.
Upload a selfie of you with your Photo ID! If you are unable to provide this, please call us on (07) 3267 3043. NOTE: We are unable to prepare your return without first verifying your identity!
File Uploads
Drop files here or

Max. file size: 2 GB.
CAPTCHA

Item Description	Date of Purchase	Purchase Price	Work-Related Percentage

Expense type	Expense total

Expense type	Expense total

Expense type	Expense total

Recipient	Total

2024 Individual Tax Return with Investment Property Submission Form

Your personal details

Your income details

Your circumstances

Your work-related deductions

Your other deductions

Your investment property information