Trusts have their own tax file number (TFN) that should be used to complete tax returns. Trusts are also able to apply for an Australian business […]

When your job ends, whether there has been a termination of employment or redundancy you will receive a payment for unused leave. This payment will be […]

The government provides fuel tax credits for businesses with a credit for the fuel tax (excise or customs) that is included in the price of fuel […]

Businesses that are registered for GST are required to lodge a business activity statement (BAS). These assist in the reporting and payment of: Goods and services […]

Tax audits are conducted when the ATO deems that a more extensive examination of an issue is necessary. These audits can be conducted on a fairly […]

There are various potential ways you can reduce the tax you pay. You may be entitled to tax deductions, offsets or you may choose to opt […]

Record-keeping, if done well, can help running a business much easier. It gives you an overview of the business’ financial progress so that owners can assess […]

How much tax you pay on your super contributions and withdrawals depends on a variety of factors. The process takes into account your total super amount, […]

Businesses receive four different types of concessions on top of CGT exemptions and rollovers which are available to everyone. These allow businesses to disregard or defer […]