Just How Taxing is Tax Reform?

Tax time again. Ours is done by a tax agent: we provide all the available paperwork, the tax accountant puts it all together. Then we -- the taxpayers -- sign each and every page of the tax return.

But what does it all mean?

We have a tax accountant prepare our tax returns for one reason -- it is too complicated for us. We do not understand tax law, we do not understand tax accounting. Perhaps we understand accounting, at the basic bookkeeping level.

And we are expected to sign every page of a tax return. To indicate -- I guess -- that we understand it and that we believe that it is correct!

Okay, we do believe that our tax returns are correct. Why do we believe that? Because we had it all done by a tax accountant.

There were promises from Canberra, that tax would be reformed. Will the reform make tax something that the average taxpayer will understand? Now that, I would really like to see...

Independent thinking & independent analysis of your problems by Agamedes Consulting. Support for your thought: email nick leth at gmail dot com