by Davie Mach | Jul 17, 2024 | 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
As a business owner or manager in Australia, one of the most crucial responsibilities you’ll encounter is managing your Business Activity Statement (BAS). Having an Australian business number (ABN) is essential for registering for GST and receiving a BAS automatically...
by Davie Mach | Jun 22, 2024 | News, Tax Tips
End of Financial Year Checklist for Australian Business Owners The end of the financial year period can be overwhelming, with plenty of tasks and deadlines to juggle. However, being proactive and organised can make the process smoother and less stressful. In this...
by Davie Mach | May 29, 2024 | News, Tax Tips
It’s a common misconception that throwing out those piles of receipts and invoices is permissible once tax season is over. On the contrary – keeping accurate tax records is not only a good idea, but also a legal requirement. If the Australian Taxation...
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 | 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...
