Ugh, it's almost tax time again! If you're like most people, you're likely to not have thought about this all year, which means not knowing what your tax bill actually is going to be until the return is done, and then realising you have spent it all on holidays and boozy nights out.

However, a small amount of prospective planning each year can result in significant tax savings and streamline the year-end tax return process.

Here are Evergreen’s top 5 tips to maximise your tax return for individuals:

1) Take a photo of your work-related receipts immediately after spending and save in an orderly fashion.

2) Create a list of transactions detailing the date, brief description and amount spent.

3) If you have an investment property, a depreciation report may reduce the current year tax liability.

4) Create a logbook if you drive more than 5,000 business kilometres.

5) Contact Evergreen Partners before making any major financial decisions and book in a free consultation at least four weeks before 30 June, to ensure you utilise all available tax concessions.

Evergreen Partners are experts in tax returns and ensuring that you get all the deductions that you are entitled to. Running close to the deadline? Want a hand? Give our experts a call today!