Published by Northcity Accountants
📞 03 9404 2737
🌐 Northcity Accountants

Australians Continue to Trust Tax Agents for Their Tax Returns

Every year, millions of Australians lodge their income tax returns with the Australian Taxation Office (ATO). While taxpayers can prepare and lodge their own returns through myTax, the overwhelming majority choose to engage a registered tax agent.

According to the Australian Taxation Office, as at 25 June 2026, more than 16 million individual tax returns for the 2025 tax year had been lodged. Of these:

• Over 9.6 million returns were lodged through registered tax agents.
• Over 6.2 million returns were lodged by self-preparers.
• More than 109,000 were push returns processed through other mechanisms. [ato.gov.au]

This means that approximately 60% of all individual tax returns were lodged through professional tax agents rather than directly by taxpayers. [ato.gov.au]

Why Do So Many Australians Use Tax Agents?

There are several reasons why taxpayers choose to work with a registered tax agent:

1. Maximise Legitimate Tax Deductions

Many taxpayers are unsure what deductions they can legally claim. A registered tax agent understands current tax legislation and can identify deductions for:

• Work-related expenses
• Motor vehicle claims
• Home office expenses
• Investment property deductions
• Depreciation claims
• Self-education expenses
• Industry-specific expenses

A missed deduction could result in paying more tax than necessary.

2. Reduce Errors and Audit Risks

The ATO uses sophisticated data-matching technology to detect mistakes and inconsistencies.

Common errors include:

• Omitting income
• Incorrect deduction claims
• Capital gains tax mistakes
• Rental property reporting errors

Using an experienced tax agent can significantly reduce these risks.

3. Access Extended Lodgement Deadlines

Many taxpayers are unaware that registered tax agent clients may receive access to the ATO’s tax agent lodgement program, which often provides significantly longer lodgement deadlines than the standard 31 October due date (subject to eligibility and registration with the agent before the deadline).

4. Receive Professional Tax Planning Advice

A tax return should not be viewed as a once-a-year compliance exercise. Professional tax advice can help:

• Reduce future tax liabilities
• Structure investments efficiently
• Plan superannuation contributions
• Manage capital gains tax
• Improve business profitability

Why Choose Northcity Accountants?

At Northcity Accountants, we help individuals, investors, business owners, tradies, contractors and property investors across Australia prepare accurate and tax-effective tax returns.

Our Services Include

✅ Individual Tax Returns

✅ Rental Property Tax Returns

✅ Sole Trader Tax Returns

✅ Company Tax Returns

✅ Trust Tax Returns

✅ SMSF Tax Returns

✅ Capital Gains Tax Advice

✅ Tax Planning Strategies

✅ Business Advisory Services

Property Investors – Our Speciality

Rental properties can create significant tax deductions when managed correctly.

We assist clients with:

• Interest deductions
• Depreciation schedules
• Borrowing expense claims
• Repairs versus capital improvements
• Capital gains tax calculations
• Property ownership structures

Whether you own one property or a large portfolio, we can help ensure you maximise your available deductions.

Business Owners Need More Than a Tax Return

For business owners, tax compliance is just one part of the equation.

Northcity Accountants can help with:

• Business structure reviews
• Company and trust tax planning
• GST and BAS compliance
• Payroll and Single Touch Payroll
• Cash flow forecasting
• Business growth strategies

The Cost of Getting It Wrong

Many taxpayers attempt DIY tax returns to save a small fee. However, a missed deduction, incorrect claim or ATO amendment can often cost far more than engaging a professional tax adviser.

Considering that more than 9.6 million Australians chose to use a tax agent for their 2025 tax return, it is clear that professional assistance remains the preferred option for most taxpayers. [ato.gov.au]

Speak with Northcity Accountants Today

If you are looking for a proactive accountant who can help reduce your tax, maximise deductions and keep you compliant, contact Northcity Accountants today.

Northcity Accountants
📞 03 9404 2737
🌐 www.northcityaccountants.com.au

Book Your Tax Return Appointment Today

Whether you are an employee, contractor, investor, company director, SMSF trustee or business owner, our experienced team can help you achieve the best possible outcome while remaining fully compliant with Australian tax laws.

Northcity Accountants – Helping Australians Keep More of What They Earn.

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