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We provide helpful tax checklists for individuals, entities and super funds.

Simply download the checklist appropriate to your situation below:

Lodgement dates vary for individuals and businesses, depending on specific circumstances and/or prior lodgement history.

We recommend contacting our office to discuss your situation.

Generally speaking, you must keep your business records and receipts for five years from the date you lodge your income tax return.  If you have made capital purchases and have claimed a deduction for decline in value (depreciation) you must keep your records for five years from the date of your last claim for decline in value.
You are able to claim expenditure for replacing, insuring and repairing tools of trade used for earning your income.  The amount you can claim will depend on the records you have kept and how much you have spent on maintaining the tools.  If you are unsure on what you can claim from your equipment or tools purchase, please contact our office and one of our experienced team members will be able to advise you.
If technical books, trade books or journals are necessary to fulfil your job function efficiently, then the cost of their purchase is tax deductible. Please make sure you keep the record of purchase for these items when submitting your tax return details. You will also need to retain the receipts for five years from the date you lodge your income tax return.
Purchases made by outdoor workers for sunscreen lotion, sunglasses and hats for use at work are deductible.  The claim must be substantiated and adjusted for private use.
Yes you can, by using the cents/km method up to a maximum of 5000kms.  This calculation includes all running costs and depreciation calculations.

Whilst you are not required to keep a log book, the Australian Taxation Office may ask you to show how you worked out your business kilometres.

We recommend you keep a log book for at least 12 weeks to calculate your business percentage and retain all of your receipts for your vehicle running costs.  This will ensure the maximum deduction you are entitled to is achieved.

Your travel must be relevant to your job function for you to claim a deduction for those expenses.  If this is the case, you can claim the cost of transportation, meals and incidentals.  If your travel involved an overnight stay, you would be able to also claim for accommodation.
The best business structure will depend on your circumstances and future plans. Please contact our office and one of our experienced team members will be able to provide you with the best advice and answer your questions.
You must register for GST if you run a business or other enterprise and your turnover is $75,000 or more.  If you are a taxi driver or Uber driver, you must register for GST regardless of your turnover.
There are several accounting software packages available.

We recommend MYOB Accounting Software.

As there are many available options to choose from, please contact us to discuss the version that best suits your needs.

If you lodge your Business Activity Statements (BAS) electronically through GPS Business Solutions, then your lodgement dates are:

Quarterly Reporting

  • July to September Quarter — 25  November
  • October to December Quarter — 28 February
  • January to March Quarter — 25 May
  • April to June Quarter — 25 August

 Monthly Reporting

  • Due 21st of every month

If you need assistance to lodge your BAS, please contact us and we will be happy to assist you.

The Business Portal is a secure website managed by the Australian Taxation Office.

The portal allows you to manage your business tax affairs to prepare and lodge Business Activity Statements and communicate with the Australian Taxation Office.

In order to access the Business Portal, you will need to register for an Auskey –

SuperStream is an online standard system for processing superannuation data and payments electronically. SuperStream is the way businesses must pay employee superannuation guarantee contributions to super funds.

If you are an employer with 20 or more employees your Superstream deadline was 31 October 2015.

If you are an employer with 19 or fewer employees your Superstream deadline is 31 October 2016.

Further information is available from the Australian Taxation Office website:

 Alternatively, please contact us if you require further clarification.

Superannuation contributions need to be paid on a quarterly basis, as outlined below:

  • July to September Quarter — 28 October
  • October to December Quarter — 28 January
  • January to March Quarter — 28 April
  • April to June Quarter — 28 July

Please note that if superannuation is not paid by these dates, the payments are not tax deductible.  Should you require all your superannuation contributions to be deductible in a financial year, the contribution must be received by the Fund before 30 June. 

If you are a small business (19 or fewer employees),  superannuation contributions should now be paid through the Superannuation Clearing House or through your payroll software. You can register for the Superannuation Clearing House (free to use) here

Please contact us if you require further clarification.

The Australian Taxation Office provides a useful questionnaire to help answer this question.  The questionnaire can be accessed here

If you require further assistance or clarification, please contact us.

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