Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.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
The importance of cash flow and budgeting
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.
Tax audits are expensive and are on the increase – ask us how you can protect yourself
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 >>
There is no point in ‘Tipping’ the ATO!
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 >>
