preparingtax

This episode will help you set up your systems to make tax time as minimal as possible.

People whose lives are otherwise in good shape can suffer a mental block when it comes to tax. This episode will give you tips to get motivated and preparing your tax return more efficient.

Mia and Dinah discuss:

• motivations for doing your tax by the deadline
• the benefits of using an accountant or tax agent 
• why you might want to see your accountant before tax time
• thinking about your tax refund as a payment for the work you need to do
• options for setting up an online filing system to keep tax records
• using scheduling to set aside a time to do your tax return
• rewarding yourself when you get your tax return done.

LIFE ADMIN HIGHS OF THE WEEK

• Mia discusses how she organised her son’s birthday in one Power Hour : finalised the guest list, booked the venue, bought gifts and invited family for a separate get together
• Dinah talks about how she cleared out the 16,000 unread emails in her personal email account

LIFE ADMIN LOW OF THE WEEK

• Mia talks about a  visit to Centrelink to sort out her Child Care Subsidy
• Dinah talks about the difficulty in banking a cheque 

POWER TOOL

Book - Mentors: How to Help and be Helped by Russell Brand

RESOURCES

myDeductions - ATO app to save your receipts

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