As a business operator you must keep proper books and records and are generally required to prepare a set of accounts in order to meet your yearly compliance obligation. In addition, you may also be required to:

  • * Prepare business activity statements for the Australian Taxation Office
  • * Pay staff superannuation into a complying super fund
  • * Notify the Office of State Revenue when the company wages exceed the payroll tax threshold and remite the appropriate payroll tax
  • * Remit PAYG taxes and GST to the Australian Taxation Office
  • * Notify any major changes to your business and pay a yearly fee to the Australian Investments & Securities Commussion (ASIC)
  • * Prepare and lodge an annual income tax return with the Australian Taxation Office
  • * In some cases have your accounts audited.
  • * Your Business Advisor will be able to assist you in all these and more.

Call Prestige Business Solutions and ask to speak to one of our advisers now.