February 2022 Deadline 21 February 2022 Lodge and pay December 2021 monthly business activity statement for clients with up to $10 million turnovers who report GST monthly and lodge electronically. Lodge and pay January 2022 monthly business activity statement. 28…
One of my clients, Kate, runs a nail care service shop with hairstylist services and accommodation in an apartment upstairs. She also offers catering services for private functions. Previously, Kate had her main business activity listed as ANZSIC: 95110 Nail…
What is Sophisticated Investor? Sophisticated Investor Generally people buying securities and other financial products must, under the Corporations Act 2001, be given a regulated disclosure document such as a prospectus or product disclosure statement. However, the Act has some exemptions from…
Do you have any cryptocurrencies? What should be reported when you sell? What about I am a day trader? Should I look at Cryptocurrency Taxes Implications? Does the ATO know? Before we look at any tax implications, your first question…
Happy 2022, Let look at tax deadlines January 2022. It might be the first thing you want to look at when you come back from holiday. 15 January Lodge tax return for taxable large/medium entities as per the latest year…
Non-Resident Companies Taxes on Company Income Resident vs Non-resident Companies that are residents of Australia are subject to Australian income tax on their worldwide income. Generally, non-resident companies are subject to Australian income tax on Australian-sourced income only. However,…
Tax-related deadlines for Dec 2021 15 December 2021 Processing cut-off dates for the Small Business Superannuation Clearing House are also coming up as the ATO approaches its annual office closure. Key dates to be aware of are all super guarantee…
Super Updates – Dec 2021 There is the latest Super Updates before End of the year. ATO Preservation Age The Preservation Age remains 58 until 30 June 2022 From 1 July 2022 the Preservation age will be 59 Your preservation…
Planning to set up your Company? Do you know the difference between proprietary and public company Australia? Proprietary vs Public Proprietary companies Proprietary companies limited by shares A company that is limited by shares means that the liability of its…