Haven’t done your tax for this financial year ended 30 June 2018? Contact us before the ATO contacts you. You might even score a surprise refund.
If you’ve missed the October 31st tax deadline, there is no need to panic. If you are registered as a client of a registered tax agent, like SMART Business Solutions, then you can usually lodge well beyond that deadline without penalty. Tax agents are given concessional extended deadlines which mean that they can lodge returns on behalf of clients up to 15 May 2019 without incurring any penalty.
In practice, if you have a refund owing to you, we can usually help you avoid any penalties. Even if you do have a balance owing to the ATO, we can often have penalties and interest remitted if we get you right up to date with your current tax obligations.
Either way, contact us as soon as possible to ensure we can assist you in lodging on time!
You need SMART solutions for YOUR business, not just annual tax compliance! Get the SMART team working with you. Call SMART Business Solutions today on 03 5911 7000 or firstname.lastname@example.org.
In the 2019–20 Budget, the government announced that Single Touch Payroll (STP) would be expanded to include additional information.
Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations.
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails encouraging us to spend now to access the deduction.