Should I use a tax agent or lodge my tax return myself?

General advice only · AFSL 222640 · Global Mutual Funds Pty Ltd

The direct answer

If your tax affairs are simple — one job, no investments, few deductions — lodging yourself through myTax is often fine. A registered tax agent is worth considering if you have a business, rental property, investments, capital gains or complex deductions. Agents can access extended lodgement dates if you are on their client list before 31 October, and their fee is generally deductible.

What it depends on

The full answer depends on your specific circumstances. Here’s what matters.

Complexity

Rental properties, capital gains, trusts and business income carry more rules and more risk of error.

Your confidence and time

Pre-filled data helps, but you remain responsible for accuracy. Mistakes can lead to amendments, interest and penalties.

Registration

Only registered tax agents can charge a fee for tax return preparation or tax advice. Check the Tax Practitioners Board register.

The last 10%

What a qualified professional can add

The answer above covers the general position. Here’s where professional judgement — applied to YOUR specific situation — makes the difference.

Identifying deductions and offsets you may miss
Handling complex items like CGT, rental and business income
Dealing with the ATO on your behalf if questions arise

Questions to ask before you engage one

If you decide to engage a professional, these questions help you evaluate whether they’re right for your situation.

What is your fee, and what does it include?

Are you registered with the Tax Practitioners Board?

What deductions do clients like me commonly miss?

When will my return be lodged?

Your next step

Look at last year's return. If it had only salary and simple deductions, try myTax. If it had rental, investment or business schedules, consider a registered agent.

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