The Super Guarantee Employer Obligations Course – Your roadmap to navigating Super Guarantee (SG) responsibilities as an employer.This tailored course offers insights into crucial SG aspects: a. Prioritizing Punctual Payments:Grasp the vital role of on-time super contributions in employees’ retirement savings. b. Timely Transactions: Learn the frequency and timing essentials for seamless super payments. c. …
Tax Guide 2023 – Unraveling the fresh initiatives for filing your returns !2023 marks a significant year for taxation and deductions in Australia as, several changes and updates have been implemented. Let’s delve into the key highlights. A. Updated method for working from home expenses :The method for calculating deductions for working from home expenses …
Tax Guide 2023 – Unraveling the fresh initiatives for filing your returns!Read More »
Tax Laws are changing radiantly which is making it really hard for small businesses to keep track of everything they must know. Complying with the rules is becoming hard. Thus this blog will cover glimpse of changes and some tips to get ahead of the pack. SINGLE TOUCH PAYROLL – PHASE 2 The ATO expanded …
STP stands for SINGLE TOUCH PAYROLL BACKGROUND It was introduced a few years ago and the major purpose of introducing this was having all employers report wages to the ATO in real time. Employers need to submit wage data to the ATO on daily basis. PURPOSE OF STP Out of all purposes, few are more …
As the coronavirus outbreak continues to devastate several industries and economies around the globe, many Australia-based SMEs are now facing significant challenges. With the aim to tackle the drastic impact and financial challenges for small businesses, the Federal Government has introduced new changes in the Income Tax Assessment Act of 1997. In that event, the …
Filing income tax returns (ITR) is an annual activity that is viewed as the moral and social duty of every responsible resident of the country. ITR is the basis for the government to determine the amount and means of expenditure of individuals as well as business enterprises. It acts as a platform for the assessee/individual …
Filing Income Tax Returns: Six Benefits To Do So!Read More »
We suggest all the business owners to join us and have a fruitful benefit from the way our income tax return consultant optimize tax position. Planning to grow your business? We believe the power of tax planning and preparation can empower owners to get the most out of their business. Email us as soon as …
While you are working as a Mechanic or you have your own Auto Mechanic Garage Shop. There are number of ways that you are able to claim on your Personal Tax Return. Followings are the types; Food & Travel The cost of purchasing suppers when you work additional time, if you have been paid a stipend …
It doesn’t make a difference whether a business is begun without any preparation, or any current business is bought, there are various variables that must be considered. Albeit one of the fundamental contemplations is augmenting tax cuts for the proprietors, there are different issues that must be considered. Q. My wife and I are …
The many factors to consider when starting a businessRead More »