In this story Andrew explains what can happen to you as a business owner if you have your head in the sand.
What Is Fringe Benefits Tax
When an employer provides their employees or employees’ associates with properties or any other cash or non-cash benefits on top of their salaries and wages, such benefits are called fringe benefits. These employees may include former, current or future employees. Certainly it is an awesome reward to every employee for a job well done, however, […]
Andrew Jeffers – CEO Aussie Tax Time joins HKCC College Board
Andrew Jeffers joins the HKKC as the community representative. http://www.hkcc.nsw.edu.au/
How To Close A Company
If you think that closing a business is easy as just ceasing your operation, well it is absolutely not. It can be exhausting and time consuming depending on its size and complexity. Closing a company is done by deregistering it in Australian Securities and Investments Commission (ASIC).While it is not yet deregistered, it is still subject to all […]
What is Target Foreign Income?
Target Foreign Income is any income earned, derived and received from sources outside Australia. It includes any payment and/or benefit by way of gifts or allowances made in a periodic manner from a source outside Australia provided that the amount has neither been included in your taxable income nor in the form of fringe benefit. […]
PAYG – What is it? Why did I receive a PAYG notice?
In this article Andrew Jeffers reveals why the ATO sends you a PAYG notice and what you can do to vary the amount.
Tax Scam
Beware the current Tax Scam doing the rounds at the moment.
Your Tax Return
Every year the commissioner releases the ATO’s compliance program that sets out his views on the most significant compliance risk areas. When you prepare your Tax Return it is very important to make sure that you get things right. Superannuation Guarantee Obligations The ATO is concerned that many employers have not been paying their SGC […]
What is an Australian Business Number?
This blog outlines an Australian Business Number – ABN for the purposes of Taxation and commerce in Australia.
