Write some an explaining the key sources of in formation and data required to calculate taxable income when preparing tax documentation for individuals and outline the key accounting principles and practices relevant to the preparation of taxation documentation.In the paper consider and describe: consultation with clients use of expert or specialist advice when necessary the rules and principles of Australian tax law the legislation, regulations and organisational policies and procedures that must be adhered to ethical issues relevant to the preparation of tax documentation for individual taxpayers concepts and acceptability requirements relating to income, assets, deductions, tax rebates and offsets -that is, what should be included different forms of taxation procedures and timeframes for completing, recording and submitting documentation
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