TAX AND SUPERANNUATION PROFESSIONALS Pty Ltd
TAX AND SUPERANNUATION PROFESSIONALS Pty Ltd
Records You Need to Keep for the Taxman

Records You Need to Keep for the Taxman

I want to talk today about record keeping for tax purposes.  In order to make sure we claim every deduction we’re entitled to, it’s a must to be able to substantiate  claims.  At the moment, the ATO is under pressure to increase tax collections, so audit activity is...
TAX DEDUCTIONS FOR SMALL BUSINESS

TAX DEDUCTIONS FOR SMALL BUSINESS

One of the most common questions asked by new business owners is ‘what can I claim”? To calculate the amount of profit your business pays tax on, is determined by reducing your business income by eligible deductions. Eligible expenditures must be substantiated, and be...
Maximise Your Refund

Maximise Your Refund

Be Organised To Ensure You Receive The Best Refund This Year It’s great to get a good refund each year, so to get the best outcome, early planning is vital.  Tax is paid on your “taxable income” which is the amount of income left after deducting your allowable...
Getting GST Right

Getting GST Right

The GST regime has been with us nearly 20 years now, but there is still some confusion as to what it applies to, who should be charging and who should not be charging GST.The GST regime has been with us nearly 20 years now, but there is still some confusion as to what...
Spot the Difference! Employee or Contractor?

Spot the Difference! Employee or Contractor?

Employing staff is a major step for many small businesses, and in order to “test the waters”, some prefer to hire on a contract basis rather than a wage basis. Others use the contracting system for casual, seasonal and trade workers. This is not illegal, however there...
YOUR FRONTLINE STAFF & CUSTOMER SERVICE

YOUR FRONTLINE STAFF & CUSTOMER SERVICE

Your Frontline Staff & Customer Service This article is about customer service. After an interesting conversation with a client yesterday, it started me thinking about how important this section of your business is. Particularly small business. It is often the...