Prestige Business Solutions in Toukley, New South Wales | Financial service

Prestige Business Solutions

Locality: Toukley, New South Wales

Phone: +61 2 4396 1010

Address: 260A Main Road 2263 Toukley, NSW, Australia

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

Likes: 107

Add/Update information

Reviews

Tags

• Tax preparation service
• Financial service

25.01.2022 We are rated amont 3 Best Tax Services in Central Coast. We would like to thank all our clients and wellwishers for their wonderful review and ongong support. Have a lovely weekend! #taxaccountant #centralcoastbusiness #accountant #smallbusinesssupport... https://threebestrated.com.au/tax-services-in-central-coast See more

25.01.2022 Get your tax returns prepared by experts. OPEN ON WEEKENDS ANY QUESTIONS REGARDING. - Work from Home Deductions?... - $1080 TAX RELIEF? - Work-Related Deductions that you are entitled to? - Rental property? - Investment Portfolio? - Deductions for Tradie? We are just a phone call away. 0411 022 730 | 4396 1010 OPEN ON WEEKENDS* | BOOK AN APPOINTMENT PRESTIGE BUSINESS SOLUTIONS- TOUKLEY | CHARTERED ACCOUNTANTS AND BUSINESS ADVISERSADVISORS

18.01.2022 Gearing up to lodge? Make sure your income statement is marked as ‘tax ready’ before lodging. Most employers have until 31 July to finalise your income statement, but we’ll let you know when it’s ready through your myGov inbox. If you do lodge before your income statement is ‘tax ready’, you may need to amend your tax return and, in some cases, additional tax may be payable.

16.01.2022 Tax Returns 2020 - JobSeeker, JobKeeper, Early Superannuation, Stand Down Payments & Other Unusual Income. JOBSEEKER Payments The first thing to have in mind is that JobSeeker payments are taxed.... The ATO will automatically load this information into the 'government payments and allowances' section in your tax return, but it won't necessarily be there from July 1 on the dot. This means if the information is missing when you do your tax return, you'll have to populate it yourself or revisit later after the data flows through. JOBKEEPER Payments JobKeeper payments are taxed as regular income. Australians that have received JobKeeper payments from their employer don't need to do anything different to other "normal" years. The payments will be included as salary and wages and/or allowances, in their regular income statement, which their employer provides directly to the ATO. Sole traders that have received the payments need to include them as income for the business. EARLY SUPERANNUATION withdrawal If you received early access to your super this year under the special arrangements due to Covid-19, any amounts you’ve withdrawn from super under this program are tax-free and you do not need to declare them in your tax return. STAND DOWN PAYMENTS Some Australians in the past three months have received a one-off or multiple payments from their employer for being temporarily stood down from work. These payments are also taxable and appear in their income statement and in their return. If people aren't sure whether these amounts have been included in their income statement, they should check with their employer. OTHER UNUSUAL INCOME During the coronavirus crisis, some Australians may have received out-of-the-ordinary income such as a redundancy payout, income protection insurance payout, sickness or accident insurance claims, and accrued leave payouts.

10.01.2022 Section 8 Decline in Turnover Test A new section is added. 8B Actual decline in turnover test To qualify for a Fortnight that begins before 4 January 2021 the test is the September Quarter To qualify for a Fortnight that begins after 4 January 2021 the test is the December Quarter... #Jobkeeper 2.0 #centralcoastbusiness See more