Personal Tax Accountants Melbourne

Personal Tax Accountant Melbourne | Individual Tax Returns & Advice

Helping individuals and investors across Greater Melbourne with compliant, fixed-fee tax returns.

Accredited. Connected. Trusted.

Certified Melbourne Accountants Backed by Australia’s Leading Platforms

We’re trusted by Melbourne’s professionals, medical specialists, and business owners who expect precision with every return.

Founders, Clinics, and Brands Who Trust Our Numbers

What Our Clients Are Saying

Very professional, highly recommended!!!

Paul M
Extreme MMA

42 have been outstanding for our clinic. They handle our Tax, BAS, payroll, and complex medical structures with absolute precision.

Belinda C
PM of Family First Medical Centre

As an online retailer, our sales move quickly across multiple platforms. 42 Advisory built clear reporting, managed our inventory accounting

Katerina P
CEO of Watches of Mayfair

Fantastic service and such an easy experience from start to finish. My accountant made everything clear and stress-free. Highly recommend!

Maria P
Founder of MWM Pilates

For Employees, Investors & Sole Traders

Personalised Tax Returns — Because Every Client’s Situation Is Unique

Based in Chadstone, we support individuals across Melbourne’s south-east including Caulfield, Carnegie, Malvern East and Glen Waverley.

At 42 Advisory, we don’t just lodge tax returns — we guide you through them. Every client’s situation is different, so we take the time to understand your income, investments and deductions before providing clear, practical advice. Whether you’re a full-time employee, a tradie with ABN income, an investor managing rental properties and a share portfolio, or a sole trader juggling multiple income streams, we translate the tax rules into simple steps you can actually follow.

We also help you stay ahead of the ATO curve. If your income changes or you become eligible for a PAYG Withholding Variation, we can apply on your behalf or update your PAYG instalments to keep your cash flow steady and your tax aligned with your real position — no overpaying, no unexpected bills.

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

Individual Tax Return

We prepare compliant tax returns, assess Division 293 where needed, and guide PAYG timelines to avoid ATO surprises.

PAYG Instalment Variations

We adjust PAYG instalments when income changes to prevent overpaying tax or receiving unexpected year-end bills.

Rental Properties

We prepare compliant rental schedules, deductions, and depreciation to ensure property investors claim every eligible tax benefit.

Capital Gains Tax (CGT)

We calculate capital gains, apply discounts, and ensure all CGT events are accurately reported and ATO-compliant.

Crypto Tax — Investor & Trader

We prepare audit-ready crypto tax reports covering gains, losses, staking, DeFi activity, and exchange reconciliations.

Self-Employed / Sole Trader

We prepare compliant business income statements, manage PSI rules, and ensure sole trader and ABN income is accurately reported.

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.

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 individual tax return cost?

Individual tax returns start from $250 per return.
Rental properties are charged at $150 per property. If a property is jointly owned, the $150 fee applies once per property, not per owner.

If your return includes a business or sole trader schedule, pricing starts from $150 and increases based on complexity, income streams, and reporting requirements.

Capital Gains Tax calculations start from $150, with fees increasing based on the number of assets, transaction history, and complexity involved.

This includes calculating gains or losses, applying available discounts, and ensuring all CGT events are correctly reported. We provide a fixed-fee quote upfront, so you understand the cost before we begin—no surprises.

At 42 Advisory, we operate on a fixed-fee model. We assess your situation and provide a clear quote before any work begins, so you know the cost upfront and avoid unexpected fees.

Do you prepare individual tax returns in Melbourne?

Yes. We prepare individual tax returns for employees, contractors, investors, and sole traders across Melbourne. Based in Chadstone, we work with professionals, higher-income earners, and individuals with complex income or investment structures throughout Greater Melbourne.

How much does Capital Gains Tax (CGT) calculation cost?

Capital Gains Tax calculations start from $150, with fees increasing based on the number of assets, transaction history, and complexity involved.

This includes calculating gains or losses, applying available discounts, and ensuring all CGT events are correctly reported. A fixed-fee quote is provided before we begin.

Can you help with PAYG instalment variations?

Yes. If your income changes due to business income, investments, or one-off gains, we can review and adjust your PAYG instalments. This helps prevent overpaying tax during the year or receiving unexpected ATO bills at assessment time.

Do you provide crypto tax services for individuals?

Yes. We specialise in crypto tax for investors and traders. This includes calculating gains and losses, staking income, airdrops, DeFi activity, and reconciling data from exchanges and wallets to produce an accurate, audit-ready crypto tax report.

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

Division 293 tax may apply to higher-income earners with concessional superannuation contributions. We assess whether it applies, calculate the liability, and ensure it is correctly reported and managed to avoid errors or penalties.

How long does it take to lodge an individual tax return?

Turnaround time depends on complexity and how quickly information is provided. We prioritise timely lodgement and keep you informed throughout the process so you know when to expect your notice of assessment.

Do you handle tax returns for contractors and sole traders?

Yes. We prepare tax returns for contractors, tradies, freelancers, and sole traders. This includes ABN income, allowable deductions, business schedules, and managing PSI rules where applicable to ensure correct reporting.

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