TAX RETURN

We provide a full range of taxation services, covering all areas of tax for your business entities.

Company Tax Return

A corporation (including the head company of a tax consolidated group) lodges/files a tax return under a self-assessment system that allows the ATO to rely on the information stated on the return. Where a corporation is in doubt as to its tax liability regarding a specific item, it can ask the ATO to consider the matter and obtain a binding private ruling. Generally, the tax return for a corporation is due to be lodged/filed with the ATO by the 15th day of the seventh month following the end of the relevant income year or such later date as the Commissioner of Taxation allows. Additional time may apply where the tax return is lodged/filed by a registered tax agent.

Sole Trader Tax Return

If you operate your business as a sole trader, you are the only owner and you control and manage the business. As a sole trader, you use your individual tax file number when lodging your income tax return, there is no separate business tax return for sole traders.
As a sole trader, you are responsible for paying your worker’s super. You’re also responsible for your own super and may choose to pay it into a fund for yourself to help save for your retirement.

KNOW YOUR OBLIGATIONS!!!

When it comes to tax and other government requirements it is not always possible & practical to know all your obligations, if you are not sure of your obligations give us a call, make an appointment or check our Hints & Tips page for some quality general advices!!!

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Port Melbourne,
NSW 2060, Australia

Preston