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Can I do my own tax return

November 21st, 2012 | Posted by Accountants Auckland in Accountant in Auckland | Taxation - (Comments Off on Can I do my own tax return)

8840178_sAnyone can do their own tax return but whether they should is the real question. It’s a bit like that 1980’s advert where two over-sized mice are debating whether they can get the cheese out of a giant mousetrap by themselves. In true kiwi style they decide it’s “worth a crack” and sadly, with a slam of the trap, it’s all over for poor Nigel the mouse.  Having a crack at your own tax return is just the same except you won’t see the traps.  The traps only become visible when you’re audited and by then it’s too late.  (more…)