by Davie Mach | Mar 22, 2019 | Employers, Accounting & Tax, BAS, Tax Returns & Financial Statements, BAS, Tax Returns & Financial Statements, Contractor Handbook, Guides, Small Business Handbook, Small Businesses, Tax Planning, Tax Planning, Tax Tips
One of the most common questions concerning tax minimisation I get asked from small business owners and contractors: whether I think they are paying too much tax when they report their quarterly business activity statements (BAS) to the ATO. There are generally three...
by Davie Mach | Nov 29, 2018 | Employers, Contractor Handbook, News, Payroll and Employment, Payroll and Employment, Self Managed Superannuation Funds, Self Managed Superannuation Funds, Small Business Handbook, Superannuation, Tax Tips
If you have stumbled upon this article, then chances are you want to learn how to pay super as an employer to your employees. What is superannuation? To understand how to pay super as an employer, you must first know what Superannuation is. Superannuation is a...
by Davie Mach | Nov 29, 2018 | Contractor Handbook, Accounting & Tax, BAS, Tax Returns & Financial Statements, BAS, Tax Returns & Financial Statements, Cashflow & Budgeting, Small Business Handbook, Tax Planning, Tax Planning, Tax Tips
Organising ATO payment arrangements can help with dealing with tax debts that can be stressful, especially with those unpaid monthly and quarterly amounts incrementally building very quickly. Many small and medium-sized business owners in Australia have a lot...
by Davie Mach | Jun 22, 2018 | News, Tax Tips
Practical Tips for End of Financial Year (EOFY) at 30 June Running a small or medium-sized business may result to you having no time to plan. But with the end of financial year just around the corner, it’s imperative that you should look at tax planning...
by Davie Mach | May 15, 2017 | News, Tax Tips
THE 2017/2018 FEDERAL BUDGET On Tuesday 9 May 2017, the treasurer released the annual budget for 2017-2018. The federal budget includes the expenditure and revenue estimates for the next three years and shows what the governments social and political priorities are...
by Davie Mach | Dec 12, 2016 | Contractor Handbook, Small Business Handbook, Tax Planning, Tax Planning, Tax Tips
Buying a car through a company under general circumstances would afford you the benefit of a healthy claim on GST credit. However, not all situations are created equally and you must factor in a number of different situational factors before determining whether you to...