It’s important to get your tax return right, so it's helpful to be aware of these 5 common mistakes in case you make and need to fix them:

• not reporting all assessable income (including applicable government payments)

• claiming expenses that aren’t deductible

• claiming the private portion of an expense as a business deduction

• incorrectly reporting losses

• not using proper business records to substantiate claims

If you have made a mistake what should you do?

• Check with your tax advisor

• Contact myGov

Don’t worry, mistakes can be made but as long as you are proactive in fixing them you’ll stay in the ATO’s good books.