From 1 July 2012, businesses in the building and construction industry will be required to report their payments to contractors for building and construction services to the ATO on the Taxable payments annual report. Who needs to report?
Archives for June 2012
Cash Flow and Budgeting are important tools to business owners across the world. Today we discuss some of the reasons why they are essential and their benefits.
Audits, reviews and investigations are conducted by the ATO and other state and federal government agencies to ensure business and tax payer compliance with various tax and legislative requirements such as income, land and payroll tax, GST, workers’ compensation, superannuation guarantee, compliance research, development grants and many more. The ATO,… Read More >>
Taxation is one of the certainties of life, but you should only pay what you are legally obligated to! Proper tax planning can lower and defer the tax you pay, freeing up cash for investment, business or personal purposes. Because of that, it’s important to… Read More >>