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

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Registration

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Add or edit employees

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Employee super fund set up

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Setting up a payment instruction

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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.

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Lifestyle asset fringe benefits

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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

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Lodging your business activity statement

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When to register for GST

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Don’t get ripped off by tax cheats

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Lodging your business activity statement

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When to register for GST

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Don’t get ripped off by tax cheats

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Getting your GST right

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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.

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The benefits of lodging with myTax

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A quick demonstration of lodging with myTax

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myGov account and linking to the ATO

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Protect your personal information

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Get your deductions right

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Electronic devices as a work-related expense

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Transporting bulky tools and equipment

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Need to claim overnight work-related expenses?

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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.

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Investigating your options

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Getting ready

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Finding a buyer

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Preparing your contract

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Settlement

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Winding up

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Questions and answers

Stay in touch with Marsh Tincknell to Assist you with any ATO Tips or Issues

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