Coronavirus and Income Tax Hike: How To Prepare
COVID-19 has indelibly changed the economic and taxation landscape in 2020. How does this affect your tax time deductions and claims?
COVID-19 has indelibly changed the economic and taxation landscape in 2020. How does this affect your tax time deductions and claims?
One of the key decisions you will make when starting your own small business in Australia, is the business structure. You will need to consider the size, scope and type of business you will be running. What business structure is right for your business, and is it time to change it?
In today’s business world, it is imperative that businesses have a good way of recording all transactions. Not only will it help you understand the financial health of your business, but it will keep you legally compliant with the Australian Taxation Office (ATO) and the Australian Securities and Investment Commission (ASIC).
Do you have a side hustle? It’s a great way to earn a little extra money, but beware of the unintended tax implications you might be obligated to pay.
Sometimes it can be difficult to determine if your property is termed as a residential premise and this is where good advice is essential. What are the GST implications you’ll need to be aware of to remain compliant with the Australian Taxation Office (ATO)?
How to use ITP’s online tax return service. It’s super easy. Once you’d filled in your details, our tax agents will review your details, claim all of your entitlements and lodge your tax return for you without you worrying about a thing. So, where do you start?