Setting yourself up as a sole trader can be beneficial for both parties as the contract can take place business to business rather than business to employer and it’s really not as complicated as you think. 102 more words
Tags » Sole Trader
When should a sole trader become a limited company? Our guide shows you how such a move will affect your tax, legal and financial responsibilities… 958 more words
Do you operate a business either in full or in part from your home and you are required to use your own computer, phone or other electronic devices for work purposes, then you may be able to claim a deduction for these costs. 458 more words
It’s that time of the quarter again and I am encouraging all my clients to get their BAS completed early this quarter. Whilst your accounting software will prepare the figures for you – it is important that you do a certain amount of checking before you submit the figures to the ATO to ensure that the data is correct and complete. 186 more words
Outlined below are key topics you need to be aware of for the remainder of the 2015 financial year.
Individual Tax Rates
While there was no change to the individual income tax rates for the 2014/15 year, the effective top marginal tax rate has increased from 46.5% to 49% with an increase to the Medicare levy and the introduction of the temporary budget repair levy. 340 more words