Active Tax Services in Sydney, Australia | Businesses

Active Tax Services

Locality: Sydney, Australia

Phone: +61 492 852 200

Address: 8 Rockdale Plaza Drive & 80 Station Street Wentworthville 2216 Sydney, NSW, Australia

Website: http://www.activetax.com.au

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25.01.2022 Making a booking? Please note, "Individual tax return" booking option is for one person only (30mins), if youre making a booking for more than one person, please make multiple bookings and each booking state the name of the person.

25.01.2022 Work-related expenses According to the ATO we claim around $18 billion of work-related expenses each year. The most commonly claimed deductions include car, travel, uniform and self-education expenses. Keep in mind that in order to claim a work-related expense: You must have paid the cost during the financial year. Paying the invoice on 1 July instead of 30 June means waiting an extra 12 months to claim the deduction!... If the expense was reimbursed by your employer, you cant claim it as a deduction. Receiving an allowance from your employer doesnt automatically entitle you to claim a deduction! If your work-related expenses are more than $300, youll need to keep receipts. Also keep in mind that different occupations can claim different deductions. Depending on your job description, you may be able to claim for moisturiser, first aid courses, sunhats, Pay TV access, fitness expenses or handcuffs. The ATO website has some terrific information on what deductions are available for specific industries. See more

23.01.2022 Tax agent appointment form- Individual

23.01.2022 Newest update on 31/03/2020 https://treasury.gov.au//Overview-Economic_Response_to_the

21.01.2022 Havent done your tax return? Tax return deadline is 31 October 2018. Want to avoid ATO late penalties and charges? send us a message now

21.01.2022 Active Tax Services Rockdale currently offer Quickbooks Plus subscription (worth $35/month) for free for our business/sole trader clients. Please contact us to get your free subscription. If youre not our clients, we can offer you a discount price for your Quickbooks subscription.

16.01.2022 Making more than $90,000 a year? You need to find a way to pay less tax! Try salary sacrifice, dont know how does it work? Check the link below or contact us for a free consultation, we can help you to find out the best way to save you money and pay less tax!

15.01.2022 What is Single Touch Payroll? Single Touch Payroll (STP) is a federal government initiative that aims to streamline business reporting obligations. It starts from 1 July 2019 for employers with 19 or less employees. Businesses with 20 or more employees were required to be STP compliant from July 2018. STP involves employers (or their registered agent or intermediary) reporting payments such as salaries and wages, PAYG withholding and super information directly to the ATO from their payroll system. This must be reported after every pay run has been finalised but no later than the employees payment date. Before you can proceed with reporting STP events, you will need to register your company details and software ID with the ATO.

15.01.2022 New from 22 March 2020 1. Easier access to the JobSeeker Payment The Government has temporarily broadened the eligibility... criteria for individuals, including sole traders, to access the jobseeker payment (formerly Newstart). In addition, the base payment has been temporarily increased by an extra $550 per fortnight. Visit Services Australia for more information. 2. Early release of superannuation Eligible people will be able to access up to $10,000, tax-free, from their super account both prior to and after 1 July 2020 providing a maximum of $20,000 per member. Eligible members are those: (i) who are unemployed; (ii) who are eligible under the Social Security Act 1991 (Cth) to receive a jobseeker payment, parenting payment (which includes the single and partnered payments) or special benefit; (iii) who are eligible to receive youth allowance under the Social Security Act 1991 (Cth) (other than on the basis that the person is undertaking full-time study or is a new apprentice); (iv) who are eligible to receive farm household allowance under the Farm Household Support Act 2014 (Cth); or (v) who on or after 1 January 2020: was made redundant; had their working hours reduced by 20% or more (including to zero); or in the case of sole traders, had their business suspended or suffered a reduction in turnover of 20% or more. Applications are expected to commence in mid-April and will be assessed by the ATO via Mygov. Notification will be automatically provided to super funds to release funds to eligible members. However, members may still be required to verify their identity with their fund to prevent fraud.

15.01.2022 September BAS due? Hit message button below to start conversation with our team. ... Rockdale Branch : 0424 500 400 Wentworthville Branch: 0492 852 200 Website: www.activetax.com.au

14.01.2022 Income tax cuts 2019 The governments tax cut package passed parliament on Thursday evening (04/07/2019) after weeks of political wrangling. If you earned:... **Under $37,000 you will get $255 back($55 better off, from $200 to $255). **$37,000 to $48,000 $255 back plus 7.5% of what is over $37,000 (so thats between $255 and $1,080). **$48,000 to $90,000 $1,080 back, flat. No calculations needed. **$90,000 to $126,000 $1,080 back but minus 3% of what is over $90,000 (so between $1,080 and $0). **Over $126,000 zero. If the law hadnt passed, you still would have received: $200 back if you earned below $37,000 $200 back, plus 3% of everything over $37,000 if you were between $37,000 and $48,000 $530 back (flat) if you earned between $48,000 and $90,000 $530 back, minus 1.5% of everything over $90,000 if you earn over $90,000 What if I already submitted my tax return? The ATO promises: If these proposed changes become law, and you have received your income tax assessment we will automatically amend your assessment for you if your offset increases. You wont have to do anything."

13.01.2022 Check out our latest newsletter share with your friends https://mailchi.mp/0c890/big-changes-for-your-tax-this-year

11.01.2022 There are a few reasons why Australians might not lodge even if they are due a refund. Some might not lodge because they dont realise they need to maybe they are on a low income or havent worked recently. Others might be worried about lodging because they havent lodged for several years, which often causes them stress and anxiety. We know some people put off lodging because they think theyll owe money, but for self-preparers the payment is due on 21 November whether or not a return is lodged.

09.01.2022 Our new office in Hobart is now open!! Looking forward to seeing you in July

09.01.2022 Got big tax questions this year? We are here to help you. Increase your tax refund with Active Tax Services.

07.01.2022 The Australian Governments economic response to coronavirus -Enhancing the instant asset write-off -Backing business incentive -Boosting cash flow for employers... -Temporary early release of superannuation -Temporarily reducing superannuation minimum drawdown rates For details and more information, see https://www.ato.gov.au//The-Australian-Government-s-Econo/

07.01.2022 A new change about your super that you should know

06.01.2022 ATO and ASIC Registered Agents

06.01.2022 NEW YEAR PROMOTION 50% off for Quickbooks subscriptions. We offer wholesale price to help you keep on track of your business just for our Facebook followers. Like us and send us a message to receive $5.25/month for simple start, $12.25/month for Quickbook Plus subscription. Bookkeeping and tax are too complicated for you? If youre our business client (no matter company or sole trader), we offer Quickbook subscription for you for FREE.... Message us to find out more. FREE consultation for new clients.

06.01.2022 We are working hard to get our office ready endless furniture to assemble Next step, install a curtain~~!!

05.01.2022 While most taxpayers received a tax refund this year, around one million taxpayers will need to make a payment to the ATO. With the 21 November due date just around the corner, the ATO wants Australians to be on high alert for tax scams, especially the increasing trend of scammers demanding payment through Bitcoin ATMs. Top five scammer signs Scammers are often aggressive or abusive... They will often threaten you with immediate arrest They request payment via unusual methods such as iTunes gift cards or other prepaid cards They request personal security information such as your tax file number (TFN) or bank details via email or SMS or social media sites They ask for money in order to process a refund or other payment. For more information about how to report a scam visit: https://www.ato.gov.au//Identity-/Verify-or-report-a-scam/

05.01.2022 The 2020-21 NSW Budget contains a number of measures designed to assist and support small business. Find out more https://bit.ly/35GGjGo

04.01.2022 Tax Accountants we can help with GST/ BAS/ Tax/ SMSF Audits

04.01.2022 Our Rockdale head office in South Sydney You can also visit our Wentworthville or Parramatta offices, for more details, please see About us

03.01.2022 Dont know what to prepare for doing your tax return? Here is a handy list for you.

02.01.2022 Maximise Your Tax Refund

02.01.2022 We are in the Rockdale Plaza for two weeks! Monday to Sunday, everyday 9am to 6pm. Come to visit us, tell us that you found us on Facebook and like our page to get a 10% discount.

02.01.2022 You are a small business owner? are you doing any cash deal or black economy activities? The Australian Taxation Office planned more than 4,000 site visits between now and the end of the financial year, these visits can provide an opportunity for a further investigation or audit. ATO to knock on small business doors as benchmarks updated. New benchmarks published on Tuesday draw information from 1.5 million small business tax returns to paint a picture of the typical margins ...and costs of sale for smaller operators, businesses that file their returns with profit margins and expense details radically different from these figures could raise the interest of the tax office. see more here: https://www.smh.com.au//ato-to-knock-on-small-business-doo

02.01.2022 If you havent lodged your tax return, better hurry up.

01.01.2022 **Small business instant asset write-off increased and extended** The threshold has increased to $30,000, and has been extended to 30 June 2020. The instant asset write-off now also includes businesses with a turnover from $10 million to less than $50 million. These businesses can claim a deduction of up to $30,000 for the business portion of each asset (new or second hand), purchased and first used or installed ready for use from 7.30pm (AEDT) on 2 April 2019 until 30 June 2...020. Businesses with a turnover of up to $10 million can also claim a deduction for each asset purchased and first used or installed ready for use, up to the following thresholds: $30,000, from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020 $25,000, from 29 January 2019 until before 7.30pm (AEDT) on 2 April 2019 $20,000, before 29 January 2019.