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Yes, we offer ongoing support through monthly packages or on-demand consulting.
Yes, we offer online tax returns, bookkeeping, and business consulting Australia-wide.
Yes, cloud-based software like Xero, QuickBooks, or MYOB simplifies compliance and reporting.
A bookkeeper handles daily financial records; an accountant provides tax advice, compliance services, and strategic planning.
Reconciliation should be done monthly or more frequently to ensure accurate BAS and tax lodgements.
Keep receipts, invoices, bank statements, logbooks, PAYG summaries, and deduction evidence for 5 years.
Act immediately. Contact a registered tax agent to respond professionally and avoid escalation.
Yes, we specialize in lodging multiple year returns, managing penalties, and negotiating with the ATO.
Yes, we represent clients in audits, help respond to ATO reviews, and negotiate payment plans or debt relief.
Tax agents provide expert guidance, maximize deductions, reduce audit risk, and offer extended deadlines.
Use accounting software like QuickBooks, Xero, or MYOB with STP integration, or engage a professional accountant.
Yes, if they are working under a contract that’s primarily for their labour, they are treated as employees for super purposes.
STP is a system where employers report wages, PAYG tax, and super information to the ATO every time employees are paid.
It’s not mandatory, but highly recommended. You can make personal contributions and potentially claim a tax deduction.
As of FY2024–25, employers must contribute 11% of an employee’s ordinary earnings into their superannuation fund.
Yes, an Australian Business Number (ABN) is essential to legally operate and invoice clients.
Options include sole trader, partnership, company, or trust. Each has different tax implications, liability levels, and costs.
You must report GST collected, GST paid, PAYG withholding, PAYG installments, and other ATO obligations.
Most businesses lodge quarterly, but some may lodge monthly or annually, depending on turnover.
GST is a 10% tax on goods and services. You must register if your turnover exceeds $75,000 annually, or if you're a rideshare/taxi driver.
Yes, if the course relates directly to your current employment or income-producing activities.
Yes, but only if made to a registered Deductible Gift Recipient (DGR). Keep your receipts.
Yes. You can claim a fixed rate per hour or use the actual cost method for expenses like electricity, internet, phone, and office furniture depreciation.
The first $18,200 of your income is tax-free. You must choose whether to claim it on one job or split if you have multiple jobs.
You can claim expenses that are directly related to your job, such as uniforms, tools, home office, travel, vehicle costs, and professional memberships.
Failing to report all income, over claiming deductions, incorrect record keeping, and not declaring crypto currency or overseas income are common issues.
You may incur penalties and interest from the ATO. Engaging a tax agent promptly can help minimize issues.
If you earn more than the tax-free threshold ($18,200) or have tax withheld, you’re required to lodge a tax return, including sole traders and some low-income earners.
If you’re self-lodging, it’s 31 October. If you use a registered tax agent, you may be eligible for extensions until May the following year.
The Australian financial year runs from 1 July to 30 June. This period is used to assess your income, deductions, and obligations for annual tax returns.
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