Hassle-free Company Tax return Melbourne made possible at Accounts NextGen.
May the business be big or small; Tax Return filing is always a task which needs a lot of time and expertise to get things done correctly. We, at Accounts NextGen, are the best service provider in Company Tax Return Melbourne. Our experts are the best qualified and experienced in their work and hence provide you with some great business development ideas and also help you with smooth navigation of your taxes throughout the year.
Under the company tax returns CBD, you would generally need to submit documents not only for your business but also for the individual tax return. The software that we use for our tasks is latest and sophisticated. Hence, you can be sure that the end results would be accurate and satisfactory. The expert knowledge of our executives and the technically sound software blend together for fast and reliable services.
Just for your information, as per the Company Tax Return CBD policies, if your company is dealing with a turnover of less than $2 million, then the rate of tax payable would be 28.5%, however, if the turnover is more than $2 million, then you would be charged at the rate of 30%.
Now let’s talk about the documents that you would need to file your company tax return Melbourne;
- You need to lodge a tax return for your business to report the income of your entity with the ATO. Hence, details of your accessible income, deductions, and expenses are needed.
- If the income of the directors of the business is more than $18,200 per annum, then each director would also be liable to file an individual tax return.
- The names of all the directors (new, retiring, continuing) and also the secretaries of the business.
- The Tax File Number (TFN), birth dates of all the secretaries and directors of the business.
- In case of any change in the authorization, complete details should be provided.
- Date of incorporation, winding up (if applicable), etc.
- Copies of all the agreements.
- All business records like books of accounts, details of annual meetings, shares and dividend details, etc.
- Worksheets talking about the depreciations faced by the business.
- The schedules of the FBT (Fringe Benefit Tax).
Expenses and Deduction details:
- A list of all the work-related expenses borne by the individuals.
- Receipts and claims of all the charitable donations done by the business for a good cause.
- The interest and fees payable on the investment loans.
- The details of the fees charged for the previous year tax return.
- Insurance details (sickness, accident, and group, individual).
- Contributions towards superannuation’s for the employees and other individuals dealing with the business like – directors, secretaries, etc.
Whatever your tax needs is, Account NextGen can get all your needs fulfilled efficiently and promptly. Our main objective is to make sure that our clients have a good experience in filing company tax return Melbourne. The complexity in arranging for documents and receipts can be made easier with us.
So, what are you thinking about? Get in touch with us for all the services required related to Company Tax Return CBD.