Tax time is still a bit off but now is the time to get ready.
Tax Return season is on its way and this year there are a few changes as there is every year. Kevin at Applecross Accountants has some tips on how to be prepared for your Perth tax return.
Contact a professional: First off the most valuable tip is to talk to an accountant it is their job to know all the details about tax and they will be able to give you the most up to date information that a Google search won’t be able to turn up.
An accountant can help you with:
- Income Tax Assessment Act (ITAA)
- All income tax returns
- Individual
- Partnerships
- Trusts
- Companies
- Superfunds
- Goods and Services Tax (GST)
- BAS’s and IAS’s
- Capital Gains Tax (CGT)
- Corporate Tax
- Fringe Benefits Tax (FBT)
- Superannuation Industry and Supervision Act (SIS Act)
Cash flow support for small businesses: If you are a small business that has been hit by the pandemic there is tax support around reducing red tape. Talk to an accountant about this though as they will know the latest.
Be prepared: Book in with your account and make sure you have everything in order so that everything can go smoothly for you.
Most of all don’t stress! Kevin and his team will make the process smooth and help you enjoy your business.
For more information about our taxation services, contact us today. We will be able to respond at your earliest convenience and help solve any tax problems you may be facing.
We know that every business has different needs and we can tailor a solution that fits those needs perfectly. If you have been overwhelmed with tax in the past, you can rely on us to provide professional advice that helps your business stay strong.
For more information contact Kevin (08) 6460 3063 or view tax returns Perth on his website.