Personal Tax Accountants | Melbourne & Chadstone

Tax Accountants in Melbourne for Individuals: Returns, CGT & Investment Tax

42 Advisory is a CPA firm and registered tax agent (TPB 26303651) preparing individual tax returns for employees, investors, contractors and sole traders across Melbourne, from our Chadstone office. Fixed fees from $250 per return, agreed before we start.

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Registered Tax Agent & CPA | One Firm, Both Credentials

What is the difference between a tax agent and a tax accountant?

A tax accountant prepares and advises on tax; a registered tax agent is legally authorised by the Tax Practitioners Board to charge for lodging your return — and only agent-lodged returns get extended ATO deadlines. 42 Advisory is both: a CPA Australia member firm and a registered tax agent (TPB RAN 26303651), so your return is prepared by a degree-qualified accountant and lodged with agent deadline extensions. Verify any agent on the TPB register.

For Employees, Investors & Sole Traders

Who do we prepare tax returns for in Melbourne?

We prepare individual tax returns for salary earners, property investors, share and crypto investors, contractors and sole traders across Greater Melbourne — from first-time lodgers to multi-property portfolios.

Our philosophy is simple: don’t panic — we’ve got it handled.

Individual Tax Return

Compliant returns with every eligible work-related deduction, Division 293 assessment where needed, and PAYG guidance to avoid ATO surprises.

PAYG Instalment Variations

We adjust instalments when income changes, so you stop overpaying during the year and avoid year-end bills.

Rental Properties

Rental schedules, depreciation and borrowing costs captured in full. Note the 2026–27 Budget changes, now law: from 1 July 2027 negative gearing is limited to new builds — properties held at 7:30pm AEST on 12 May 2026 are exempt, so what you owned at Budget night matters. We review each property's position under the new rules. Victorian investors: see what changed for 2026 land tax.

Capital Gains Tax (CGT)

Cost base calculations, 50% discount application, and accurate reporting of every CGT event — shares, property and managed funds. The 2026–27 Federal Budget reforms are now law: from 1 July 2027 the 50% discount is replaced by cost base indexation with a 30% minimum tax on capital gains for individuals, trusts and partnerships — gains accrued before that date keep the current discount, so disposal timing now matters more than ever. We model both regimes before you sell.

Crypto Tax — Investor & Trader

Audit-ready reports covering gains, losses, staking, DeFi and exchange reconciliations.

Self-Employed / Sole Trader

Business schedules, ABN income and PSI rules managed correctly. Not sure if you're a contractor or employee? The ATO's 2026 rules explained.

Transparent Pricing | Fixed Fees, Quoted Upfront

How much does a tax accountant cost in Melbourne?

At 42 Advisory, individual tax returns start from $300, with fixed fees quoted in writing before any work begins. Many Melbourne firms charge $250–$450 per hour; we don't bill by the hour at all.

Service	Fixed fee
Individual tax return	from $300
Rental property schedule	$150 per property (once per property, not per owner)
Capital gains tax calculation	from $150 (scales with number of assets and complexity)
Business / sole trader schedule	from $150 (scales with income streams and complexity)

Every quote is confirmed before we begin — no surprises at invoice time. Planning ahead matters more than the fee: see our Tax Planning service for pre-30-June strategies.

Personal Tax Return Services

Personal Tax Returns Made Simple, Accurate & ATO-Compliant

Our personal tax return service is built for busy professionals, investors, tradies and self-employed individuals who want their return done correctly — without stress, delays or unexpected tax bills.

We review all income streams (salary, ABN, business, PSI, rental, dividends, crypto), identify eligible deductions, and prepare a fully compliant ATO lodgement with maximised outcomes. With fixed fees, fast turnaround and responsive communication, we make tax time straightforward and transparent.

Whether you need a simple individual tax return or support with investments, capital gains, rental properties or crypto trading, our Chadstone-based accountants ensure everything is handled accurately and on time.

Chadstone Office | Serving All of Melbourne

Where can you meet a 42 Advisory tax accountant?

Our office is at Suite 752, Level 2 UL40, 1341 Dandenong Road, Chadstone VIC 3148, and we work with clients across Melbourne in person and online. Local pages: Chadstone, Bentleigh, Carnegie, Caulfield, Oakleigh and Burwood. Choosing between firms? Our guide to finding the right accountant in south-east Melbourne sets out what to check.

Phone: 03 9997 7081 | Email: enquiry@42advisory.com.au | Monday to Friday, 9:00 am – 5:00 pm

Comprehensive Individual & Investment Tax Support

We Handle All Scenarios — So You Don’t Have To

Our Melbourne-based tax accountants help clients from all walks of life — from first-time lodgers to experienced investors.
We provide practical, compliant, and proactive tax advice across a wide range of individual situations.

Core Services Include:

✅ Work-Related Deductions – Ensure all eligible expenses are claimed correctly — from uniforms and equipment to travel and professional education.
✅ Property Investment & Rental Schedules – We capture every expense, borrowing cost, and depreciation to maximise your deductions.
✅ Property Sales & CGT – Whether selling a rental or subdividing your home, we calculate cost base adjustments, holding costs, and capital gains accurately.
✅ Subdivision & Mixed-Use Property – If you’ve split a property (live in one, rent or sell another), we handle both compliance and strategic tax outcomes.
✅ Sole Traders & Side Businesses – From Uber to online retail, we manage income, deductions, GST, and PSI rules for your business income.
✅ Crypto & Stock Transactions – Reporting and reconciliation for trading, staking, and investment portfolios.
✅ Income Projections & Tax Planning – Plan for the year ahead with PAYG variation advice and cash flow forecasting.

Why Melbourne Clients Choose Us for Personal Tax

Professional Expertise. Personal Care.

We believe tax advice should be personal, not transactional.
Our accountants take the time to explain what you can claim, what’s changed, and what to expect — so you feel informed and confident, not rushed.

Whether you’re managing investments, property sales, or multiple income sources, we’re here to simplify the process and help you make smarter decisions.

“We speak your language — clarity, confidence, and compliance.”
Because your peace of mind is worth more than a quick return.

Frequently Asked Questions – Individual Tax Accountant Melbourne

How much does an accountant cost for a tax return in Australia?

Fees vary from about $100 at franchise chains to $450+ per hour at city firms. 42 Advisory charges a fixed fee from $300 per individual return, quoted in writing before work begins, with rental schedules at $150 per property and CGT calculations from $150. The fee is tax-deductible in the following year's return.

Is it worth having a tax accountant?

Usually, yes — if you have investment income, property, crypto, ABN income or multiple income streams. A CPA identifies deductions you'd miss, gets CGT right, and lodging through a registered tax agent extends your ATO deadline. For a single salary with no deductions, MyTax may be sufficient.

What is the difference between a tax agent and a tax accountant?

Accountant" is not a protected term; a registered tax agent is regulated by the Tax Practitioners Board and is the only professional legally allowed to charge for preparing and lodging your return. 42 Advisory is a CPA firm and registered tax agent (RAN 26303651) — check any agent on the TPB public register.

Do you prepare individual tax returns in Melbourne?

Yes. We prepare individual tax returns for employees, contractors, investors and sole traders across Melbourne from our Chadstone office, in person or fully online through our secure document portal.

Can you help with PAYG instalment variations?

Yes. If your income drops or a one-off gain distorts your instalments, we review and vary your PAYG instalments so you neither overpay during the year nor face an unexpected bill at assessment.

What is the Division 293 tax, and do I need to pay it?

Division 293 adds 15% tax on concessional super contributions for individuals with income and contributions above $250,000. We assess whether it applies, verify the ATO's calculation and manage the release authority process.

Do you provide crypto tax services for individuals?

Yes. We prepare audit-ready crypto tax reports covering disposals, staking income, airdrops and DeFi activity, reconciled from your exchanges and wallets.

Do you handle tax returns for contractors and sole traders?

Yes — ABN income, business schedules, allowable deductions and PSI rules. If you're unsure whether you're genuinely a contractor, see the ATO's contractor vs employee rules for 2026.

Ready to Get Started?

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