Tax Basics, Resources and Tools

Understanding how tax affects your business and your obligations with a tax based on your tax planning is essential to business survival. Two of the best sources of authoritative information on the subject of tax are the ATO website for business and the Australian Government Business website.

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These sites contain up to date and accurate information on tax and other finance and business matters, however, one of the best ways to plan your business is to seek the advice of an accredited advisor. At the Bayside BEC, we can link you with the right advisor for your specific business needs so that you are prepared for the exciting journey ahead.

Book your FREE 20 minute appointment today or contact us for more information 02 9316 5877

Related Resources

The following links provide you with up to date information that will help you answer some common business tax questions:

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• First Year Instant Asset Write Off (Bonus for Small Business)

• GST basics

• BAS & GST Record Keeping Tips

• BAS checklist and due dates

• GST on sale of assets

• Claiming GST credits on financed assets

• Capital Gains Tax 50% discount

• Depreciation cost limit

• Claiming uniform expenses

• Providing Entertainment to clients or employees - tax rules

• Tax-Tools-Business-Are-Client-Gifts-Tax-Deductible