General Tax Knowledge
Applying PRIOR YEAR LOSS Company Tax Return Individual Tax Return SMSFAR Trust Tax Return Carried Forward Loss Company Tax Return Individual Tax Retu...
Tue, 10 Nov, 2020 at 10:40 AM
Minutes should be prepared before 30 June.
Check this related link from ATO
Wed, 8 Jul, 2020 at 11:55 AM
The correct approach is using "Accrual" rather than "Cash", this is based on the tax form design/instruction perspective. This can be ve...
Mon, 17 Aug, 2020 at 8:54 AM
Company has a profit of $100, pays tax of $27.5, then pays a full dividend of $72.50 that reduces retained earnings to zero with franking credit of $27.5 b...
Tue, 1 Sep, 2020 at 10:42 AM
Company has a profit of $100, pays tax of $27.5, then pays a full dividend of $72.50 that reduces retained earnings to zero with franking credit of $27.5 b...
Tue, 1 Sep, 2020 at 12:39 PM
We are sharing 3 tables summarising all the 2020 to 2022 business stimulus incentives available for plant & equipment purchases for small, medium and la...
Tue, 10 Nov, 2020 at 11:08 AM
Note: It is necessary to visit the Reconciliation TAB and manually insert the losses you want to apply against current year profits. Loss carry-back a...
Thu, 3 Dec, 2020 at 11:49 AM