Sole Trader Tax Return for Small & Large Business in Sunshine West
If you are planning to file your tax returns then you have to employ the services of a registered tax agent at GKS Taxation in Melbourne, Sunshine West & Sunshine North. Registered tax agents are the only people allowed to charge a fee to prepare and lodge your tax return.
For the purpose of filing your tax returns you will need to organise all your required tax records before you meet your tax.
Right Income Tax Agent for sole trader business in Sunshine North & West
Tax agents have to be registered with the Tax Practitioners Board (TPB). To find out of you have hired the services of a registered tax agent, you can visit the TPB website.
It is important that your tax agent is registered at it will provide you with consumer protection as per the laws of TPB.
Lodging Company Tax Return in Melbourne
If you operate your business as a company, then you will need to file for a company tax return.
The company has to report its taxable income. The company’s income is separate from your personal income.
Some of the services we provide for Sole Traders/ABN holders/Sub-contractors/Trades person include:
GST
Compliance
Tax Return
Lodgements
Profit and Loss
Statements
Assistance with Workcover &
Annual Rateable Remuneration
TPAR
(Taxable Payments Annual Report)
Preparation of
Payslips
Tax Returns for Sole Traders in Melbourne
A sole trader is an individual running a business. It is the simplest and cheapest business structure. If you operate your business as a sole trader, you must lodge a tax return even if your income is below the tax-free threshold. In your Tax Return report, you will be required to mention your profit and loss statement. You will also have to provide details of any other income that you earn besides your primary business income.
Due dates for Lodging Tax Returns in Melbourne
The registered tax agents at GSK Taxation have a special lodgment program and can lodge returns for their clients after the usual 31 October deadline.
If you’re using a tax agent for the first time, then you need to contact them before 31 October to take advantage of their lodgment program due dates. The due date will also depend on your personal taxation condition.
Always remember, when you visit your agent at GSK Taxation, you should discuss the service to be provided so that both are clear about what each other’s expectations