The due date for lodging and paying is displayed on your business activity statement (BAS). If the due date is on a weekend or public holiday, you can lodge your form and pay on the next business day. Preparing your Business activity statement Quarterly reporting Quarter Due date - paper Due date - online 1 - July, August and September 28 October 11 November 2 ...
Follow the links below to find out how to complete, lodge and pay your business activity statement (BAS). How to lodge your BAS Due dates for lodgment and payment How to pay What if you can't lodge and pay on time? Expecting a refund? Record keeping What if you've made a mistake? bas preparation outsourcing services This News is republish from site h ...
Find out how to complete the business activity statement (BAS) labels for: Goods and services tax (GST) Pay as you go (PAYG) income tax instalment Pay as you go (PAYG) tax withheld Fringe benefits tax (FBT) instalment Luxury car tax (LCT) Wine equalisation tax (WET) Fuel tax credits Contact BBW Business Services for Bas Preparation Services This News is republish from site ...
The business activity statement (BAS) is a form submitted to the Australian Taxation Office by all businesses to report their taxation obligations. bas preparation outsourcing services These include pay as you go withholding (PAYGW), pay as you go instalments (PAYGI), fringe benefits tax (FBT), wine equalisation tax (WET) and luxury ...
ANALYSIS THE Intergenerational Report to be released today will be a dense, forward-looking guide to the economy which will amount to an elaborate “I told you so”. The Government will use the report to justify dumping policies of past Labor governments and elevating its own measures in the Budget last May. The report will take an informed look at the shape of Australia in 40 ...
Treasurer Joe Hockey insists the Australian economy is still performing well by international standards despite lower-than-expected growth figures.The latest national accounts show the economy grew by just 0.5 per cent in the final three months of 2014, taking it to an annual rate of 2.5 per cent.'Our economy over the past year has grown faster than the United States, Germany and ...
The company was fined over two ads for its Naked Broadband 250GB Plan. Source: YouTube INTERNET provider iiNet has paid more than $200,000 in fines for failing to display adequately the price of one of its advertised products. The company was fined over two ads for its Naked Broadband 250GB Plan, which appeared in Melbourne on a billboard and tram in November 2014. The ...
IBM Australia says it pays below the 30 per cent company tax rate, but that the Tax Office is happy with the taxes it pays. Despite previous ATO reviews into its tax affairs, its submission to the Senate inquiry into corporate tax avoidance,said it was now considered a “low risk taxpayer” and there have been “no adverse findings” by the agency against it. Over the income years 2010 ...
Accountants Sydney UNIVERSITIES would have to pay a 20 per cent tax on fee increases above the current student price caps, rising to 60 per cent on fees more than $5,000 above the caps, and 80 per cent on fees more than $10,000 above the caps, according to an example put forward by HECS architect Bruce Chapman in his submission advocating a tax to discourage excessive price hikes in ...
THE Australian economy is expected to grow at a below-trend pace of 2.75 per cent for most of 2015 because business investment is expected be weak throughout the year. The Westpac/Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, only rose by 0.30 percentage points in January, and has been below trend ...
Tony Abbott declares that bad people should no longer get away with playing Australia for mugs, as they have been doing (“PM talks tough on security”, 16/2). Well said, sir. The 30 large multinationals that sent hundreds of billions of dollars offshore in 2012-13 to “related entities” in Singapore and Switzerland to avoid taxes play Australians for mugs, as do News Corp and Telstra, with their nice little lurk of lending money to related overseas businesses at inflated rates, claiming the interest ...
Australian Banks Defend Their Corporate Tax Affairs After Swiss HSBC Revelations
Australia’s largest banking and finance institutions have defended their corporate tax affairs and have rejected claims the tax system is “fundamentally flawed”, in submissions to a Senate inquiry. On Monday an international investigation exposed how the Swiss arm of the HSBC bank helped wealthy clients dodge taxes around the world. Leaked files revealed that hundreds of prominent Australians held HSBC Swiss accounts. The Senate inquiry will examine the adequacy of corporate tax laws ...
National Australia Bank’s quarterly business survey reveals a two-speed “patchwork economy” where the construction and services industries benefit from low interest rates, while commodity dependent companies lag. Business confidence also dropped below the long-run average of the bank’s business survey in the last quarter of 2014. NAB said business conditions were broadly unchanged, remaining at positive 4 index points, while confidence fell 4 points to post a reading of positive 2 index points ...
Australian Tax Issues For Global M&A Transactions
Australia has a complex system of taxation including a Federal income tax, capital gains tax and goods and services tax (GST) and eight separate State and Territory systems of duties and taxes. Tax planning is therefore important to maximize after-tax investor returns. The following guide sets out some high level issues to consider on a global M&A deal where the target is an Australian company or business or where downstream Australian subsidiaries are involved. Minter Ellison has an experienced ...
With the federal government’s review of taxation about to get underway, many are expecting Australia’s Goods and Services Tax to be up for change. In this GST series we take a closer look at the evidence: the revenue on offer from broadening or increasing, what’s required for the government to change the tax, and the case for compensating those on lower incomes. It is popular to argue Australia’s goods and services tax is a “regressive” tax, and on that basis, extending the tax to fresh food ...