SMALL BUSINESS GUIDES

Your guide to tax in Australia

Everything you need to know about the tax system, including Tax File Number, Taxable payments annual report and franking credits.
What is VAT?

What is VAT?

Value-added tax (VAT) is a tax applied/levied on the value of goods and services. It is a consumption tax system used worldwide for governments to raise revenue. As of 2020, over 160 countries employ a VAT tax type system. Sales tax system vs VAT systemThe main...

What is VAT?

Value-added tax (VAT) is a consumption tax applied at each stage of production and distribution. Learn what it means for small businesses.

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What is VAT?

What is VAT?

Value-added tax (VAT) is a consumption tax applied at each stage of production and distribution. Learn what it means for small businesses.

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Fringe Benefit Tax (FBT)

Fringe Benefit Tax (FBT)

Ever thought about providing your employees with non-cash benefits? Learn what fringe benefits tax is and how it affects your small business.

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Division 7A Explained

Division 7A Explained

Division 7A makes sure businesses can’t disguise taxable shareholder income from the ATO. Here’s what you need to know.

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Online Tax Return Guide

Online Tax Return Guide

Filing your tax return online with the ATO is pretty straightforward these days, but there are some key things you need to know first.

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Understanding franking credits

Understanding franking credits

What exactly are franking credits and why do you need to understand them? Franking credits ensure shareholder dividends are not taxed twice. Let’s dive into the details.

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How to calculate FBT

How to calculate FBT

Are you having an issue wrapping your head around fringe benefit taxes? Read on to learn how to calculate FBT for your small business.

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Download your free GST guide

GST guide

There’s a lot to get your head around when you’re starting a new business, and GST is just one bit most fledgling business owners will need to get to grips with. If you’re looking for help, download our free guide to better understand GST.

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