Tax Returns Tax Returns Have you lodged your 2015 tax return? Do you have a registered tax agent? Did you know that registered tax agents are the only people allowed to charge a fee to prepare and lodge your tax return? As Bottrell Business Consultants are registered tax agents we have special lodgment schedules and can […]
Changes to being able to pre-pay tax
Changes to being able to pre-pay tax The ATO has advised practitioners that to make it easier for clients to manage their tax liabilities, they can now pre-pay their activity statement before the due date. In the past, the ATO automatically refunded credits from early payment. Now, a pre-payment made towards a tax liability before […]
ATO action taken against agent non-lodgement
ATO action taken against agent non-lodgement Earlier this year, the ATO ‘encouraged’ tax agents with overdue tax obligations to bring their own tax returns and activity statements up to date. The ATO issued final notices to agents with outstanding obligations in April, with a due date of 1 June 2015. In June, 131 agents who […]
Tax Returns
Tax Returns Tax Returns Have you lodged your 2015 tax return? Do you have a registered tax agent? Did you know that registered tax agents are the only people allowed to charge a fee to prepare and lodge your tax return? As Bottrell Business Consultants are registered tax agents we have special lodgment schedules and can […]
Check Out The ATO’s apps plus other online tools
Check Out The ATO’s apps plus other online tools As a result of user feedback, the ATO has improved their ATO Small Business app and it continues to expand in functionality and usability. Check Out The ATO’s apps plus other online tools by visiting the ATO website. The most useful features for small business include: ¨ […]
What are the benefits of negative gearing?
What are the benefits of negative gearing? Positive gearing occurs when you receive more in rent from your tenants than what you pay on the likes of loan repayments, interest, property maintenance and rates. This tends to happen at times when rents are high due to strong demand and interest rates are low A negatively […]