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.