We are coming to that time of year where we begin to look ahead to the upcoming annual tax season. However, after a particularly strange year in the global economy, and with a small amount of uncertainty moving forward, most of us in business would prefer more cash in our own pockets right now. Here…
When & Why you should be registering your small business for GST, so you get it right the first time
Between customers, marketing, tax and the other million things on your list, your GST obligations are often the last thing on your mind. But don’t stress! We are here to give you the rundown on when you should be registering for GST and why it is so important to get it right.
Here’s THREE things you need to do NOW to maximise your tax refund… 1. ORGANISE your paperwork Every apprentice – no matter your industry or trade – can get one step ahead in the run-up to tax time by having a system. Disorganised paperwork will cost you money if your accountant or bookkeeper ends…
They say that knowledge is power and at this time of year, the knowledge you need most as a business owner concerns your tax position. If you want to significantly improve the tax outcomes for your business for the current financial year, I recommend tax planning.
Are you aware that there are strategies that legally minimise tax liabilities and in doing so allow you to keep more of your hard-earned revenue?
The Christmas and New Year break is just around the corner. And with the festive season, many employers and businesses will be rewarding staff and clients with a Christmas Party or Gift.
At Victor Bimrose Accountancy Pty Ltd we specialise in strategic tax advice, offering tax and financial reporting for individual income earners, family businesses, tradies and construction companies. To talk about how we can help you, please get in touch today. At VBA we specialise in strategic tax advice, offering tax and financial reporting for individual income earners, family businesses, tradies and construction companies.