More ATO Tips and Tutorials
Page two of ATO Tips and Tutorials. Make sure you’re ready for tax time with the following tips and instructional videos
Small Business Superannuation Clearing House (SBSCH)
The SBSCH is a free online superannuation payments service that helps small businesses with 19 or fewer employees meet their superannuation guarantee obligations. The SBSCH lets you pay your superannuation contributions in one transaction to a single location. For more information and ATO tips, visit http://ato.gov.au/sbsch
Registration
Add or edit employees
Employee super fund set up
Setting up a payment instruction
Employer transaction history
Fringe Benefits tax
If your business provides your employees with a car, or it provides them with lifestyle assets for their personal use, it is likely that you are required to report and pay FBT. Watch these videos to learn more about your FBT obligations.
Lifestyle asset fringe benefits
Car fringe benefits
ATO Tips for GST
The following videos will assist you in making sure you register and record you GST appropriately. Small businesses that get their GST right have more time to grow their business
Lodging your business activity statement
When to register for GST
Don’t get ripped off by tax cheats
Lodging your business activity statement
When to register for GST
Don’t get ripped off by tax cheats
Getting your GST right
Don’t let yourself disappear
ATO Tips for tax time
The follow ATO tips will make sure you are aware of what you need to know come tax time.
The benefits of lodging with myTax
A quick demonstration of lodging with myTax
myGov account and linking to the ATO
Protect your personal information
Get your deductions right
Electronic devices as a work-related expense
Transporting bulky tools and equipment
Need to claim overnight work-related expenses?
Introduction to rental property and tax
The Journey of Selling or Closing a Small Business
The Australian Taxation Office in conjunction with the Department of Industry and Science, the Australian Securities and Investments Commission and the Fair Work Ombudsman have developed a webcast to help you understand your regulatory obligations when selling or closing your business.
Investigating your options
Getting ready
Finding a buyer
Preparing your contract
Settlement
Winding up
Questions and answers
Stay in touch with Marsh Tincknell to Assist you with any ATO Tips or Issues
Here at Marsh Tincknell, we understand that minimizing tax whilst complying with laws and regulations can be difficult, which is why our experts are certified and happy to help with any concerns you may have. Sign up here to receive our newsletter, full of valuable information and tips for Brisbane’s business owners.
