According to ATO Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. Is it compulsory for all businesses to register for GST? Not all businesses need to register for GST. Businesses with annual turnover of $75,000 or more must register for […]
The government of Australia expects everyone who earns money to lodge a tax return annually. For most people, this is a stressful experience and most people end up missing deadlines. Tax returns affect businesses as well and there is a deadline set by the ATO. If you have a company in Australia, you need to[…..]
GST refers to goods and service tax, which is usually a 10% tax on most goods and services which are sold in Australia. If you have a business, you would need to understand how to register, account, and claim credits for GST. This is a simple guide on all you need to know about GST[…..]
Do You Run Retail Store? Here Is How We Can Help Get Your Tax Done Right If you are a business owner with a retail store, you will agree that running a business is not a walk in the park. As if that is not hard enough, chances are you may end up having to[…..]
Are you working as a contractor? Tax Implication when you work as an independent contractor Independent contractors are in business and they have tax obligations to meet. If you are working in some particular trades, there are some tax implications that follow you. A good number of people have a difficult time telling if they[…..]
Are you looking to start a new business in Sydney? Starting a new business can be exciting at the same time challenging. For most of the start up financial management, GST, BAS statements are whole new world. That is why we want to help make this journey of setting up and running your business easy. […..]
Are running business in Kogarah? Are you not happy with the accounting services received from your current accountant? Contact Accurate Business and Accounting services for free consultation today. Would you like a free business health check from accounting perspective? We can help you assess your current business activities and business potential whether you are self[…..]
The success of any business depends on a number of factors. Financial records are a key factor in determining the growth curve of the business. If you do not have a clear picture of the financial status of your business, you may end up making the wrong decisions, which can have a negative impact on[…..]
Accurate Business & Accounting Services (ABAS) team are highly qualified and experienced tax accountants and we’re ready to help you with your Sole Trader Tax Return or Small Business tax lodgement. ABAS has years of experience as tax accountants working with small businesses in Sydney, especially startup business, self-employed, contractors and trades-men in Canterbury Bankstown and Sydney Inner[…..]
Before hiring accountant for your business, shortlist accountants then contact each of the shortlisted accountants and find these points. Once all the questions have been answered, you will be more confident in choosing the accountant. Still not sure about hiring accountant for you business. Get In Touch