Tax agents are licensed professionals who provide essential services in tax management, compliance, and planning. They possess extensive knowledge of tax laws and regulations, offering expert advice to individuals and businesses. Their responsibilities include preparing and filing tax returns, identifying potential deductions and credits, and representing clients in dealings with Australian Taxation Office (ATO). [...]
A trust is a legal arrangement where a person or entity (the trustee) holds assets on behalf of another person or group of people (the beneficiaries). The trustee has a fiduciary duty to manage the assets in the best interest of the beneficiaries. Trusts are commonly used for estate planning, asset protection, and tax [...]
As a small business owner, you can prepare for the end of financial year by making use of these small business tax concessions
To assist us in preparing your tax return, please use this checklist when compiling your information. Completing the checklist can take some time however your efforts will enable us to maximise your deductions and process your return efficiently.
Ample Finance can help you quickly bring your taxes up to date before the 2019 tax deadline. The official period for lodging your tax return is 1 July – 31 October 2019.
Treasurer Josh Frydenberg’s first Budget focuses on reducing the tax burden for the majority of working Australians, greater superannuation flexibility for retirees and a one off energy relief payment for eligible income support recipients.
ATO guide to the 5 most common Tax Mistakes As tax time 2018 kicks off this weekend the Australian Taxation Office (ATO) has profiled the five most common tax mistakes and the personalities most likely to have tax time troubles. Assistant Commissioner Kath Anderson said it’s often simple tax time mistakes and misunderstandings that [...]
FY19 BAS Due Date & BAS Payment Date The FY19 BAS due date for lodging and paying is displayed on your BAS. If the due date is on a weekend or public holiday, you can lodge and pay on the next business day. Quarterly reporting Due date for each quarter Quarter Due date 1 [...]
2018 Individual Tax Return Checklist To assist us in preparing your tax return, please use this checklist when compiling your information. Completing the checklist can take some time however your efforts will enable us to maximise your deductions and process your return efficiently. For New Client Only / For Information Update Only PERSONAL [...]
2018 Tax Deadline The 2018 Tax Deadline is Tuesday, 31 October 2018 Ample Finance can help you quickly bring your taxes up to date before the 2018 tax deadline The official period for lodging your tax return is 1 July – 31 October 2018. (If you still have not lodged a 2017 [...]
The third and final part of this series discusses the Vacant Residential Property Tax (VRPT), a new proposal by the Victorian government to address lack of rental supply. Specific details are still under consideration as the Victorian government consults property groups for further insight. Who does this effect? The Vacant Residential Property Tax will [...]
Following an eighteen-month political tussle, the Income Tax Rates Amendment (Working Holiday Maker Reform) Bill 2016 was passed in early December last year, with settlement being reached on what is more widely known as the Backpacker Tax. What has been changed? The Backpacker Tax is a tax on the income of workers employed in [...]
The 2015 Tax Return Deadline is 31 October 2015 Failure to lodge on time penalty is calculated at the rate of one penalty unit for each period of 28 days or part thereof that the document is overdue, up to a maximum of five penalty units. The value of one penalty unit increased on [...]
FY15 Business Activity Statements (BAS) Due Dates: 1st Quarter: 28 October 2014 2nd Quarter: 28 February 2015 3rd Quarter: 28 April 2015 4th Quarter: 28 July 2015