How do I do a BAS Statement Unsure about when your tax lodgements are due? Stressing that your BAS statements haven't been done and are now overdue? Are you a new small business and unsure of your GST obligations? Are you wondering, How do I do a BAS statement? Maybe...
Category: Business Structuring
Difference between a company and a sole trader?
What's the difference between a company and a sole trader? Giving your business a formal structure is a transformative step that turns your dream into reality. While being a sole trader or establishing a company are popular setups in Australia, deciding which is best isn’t always easy. a sole trader...
How do I file my Australian Company tax return 2019?
The financial year for 2019 has ended which means your company tax return 2019 will need to be prepared and lodged with the ATO. In this article we will explore what you will need and key information. What information you will need If you are operating a company, it would...
How do I fill out a partnership tax return 2019
If you operate your business as a partnership, the partnership will lodge a partnership tax return for 2019 financial year. The Return will report the partnership's net income (assessable income less allowable expenses and deductions), assets and liabilities, and partner's distributions. As an individual partner, you report on your individual...