BAS due dates 2011
The table below provides legislative due dates for lodgment business activity statements (BAS) on quarterly basis.
Please be aware that actual due dates can vary due (more…)
BAS due dates 2011
The table below provides legislative due dates for lodgment business activity statements (BAS) on quarterly basis.
Please be aware that actual due dates can vary due (more…)
Income tax rates/tax tables for Residents 2010/2011 Financial Year.
The tax rates and thresholds in the table below are for individuals who are Australian residents for tax purposes for the whole financial year.
|
2010-2011 |
||
|
Taxable income |
Rate |
Tax Payable |
|
($) |
(%) |
|
|
0 - 6,000 |
0 |
Nil |
|
6,001 - 37,000 |
15 |
15% of excess over $6000 |
|
37,001 - 80,000 |
30 |
$4650 plus 30% of excess over $37000 |
|
80,001 - 180,000 |
37 |
$17550 plus 37% of excess over $80000 |
|
180,001+ |
45 |
$54550 plus 45% of excess over $180000 |
Material provided can be used for information purposes only, but not as a tax advice. For the tax advice and further details please contact your tax advisor.
It is common in a family for a partner to start their own small business and as that business grows in order to save time and money on bookkeeping fees they delegate the bookkeeping work to their relatives or friends, who usually do not possess the basic bookkeeping skills. The initial costs of such bookkeeping work are very low, as relatives are often willing to do it for free of charge or for little in return charging very low bookkeeping fees. However, whether (more…)
Investment allowance, such as a tax break, is a tax deduction on the cost of eligible assets.
To be able to take advantage of the investment allowance and claim additional deductions for new business investments one must comply with several criteria, that must be satisfied depending whether it is a small business (SME) or general business (more…)
BAS Due Dates 2009 - 2010
In order to avoid late lodgement penalty from ATO it is important to know due dates for quarterly business activity statements.
Please note actual due dates for lodgement and payment can vary due to (more…)