Make sure you reconcile all bank accounts up to and including 30 June 2020 and not to the end of the statement. This includes all term deposits, loans, credit cards and don’t forget Linkt and any trade accounts.
Bank reconciliations (including bank statements clearly showing 30 June 2020 date and balance) will be required for when we attend to your income tax obligations. If you have closed any accounts, you will need to provide the last statement that clearly shows the account closure and closing bank balance of zero.
When closing any account, remember to always obtain the last statement or at the very least details of the last transactions immediately prior to the account being closed.