FAQ

  • By delivering advice about tax deductions, offsets and tax planning to minimise tax.

    Tax agent fees are tax deductible.

  • You will need to lodge a tax return if any tax was withheld from your income.

  • You can amend a tax return within 2 years of the original lodgement date.

    You can amend a BAS within 4 years of the original due date.

  • You can earn $18,000 tax free if you are an Australian resident.

  • The ATO require you to keep all tax records including receipts for 5 years.

  • You will need bookkeeping software to report employee wages and superannuation to the ATO through Single Touch Payroll.

  • You are required to register for GST if your annual sales reach $75,000.