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Our accountants, book keepers and tax agents use the blog to educate and inform the public on everything accounting. Take a look at our blogs and if you have any questions call the friendly team at Plant & Associates for more information or to book an appointment.

Set up steps and costs A sole trader is a simple business structure to set up as there aren’t many legal or tax obligations. It’s important to understand that when you operate as a sole trade you are: The sole owner of the business personally responsible for business liabilities. Separate business bank accounts are recommended, but not compulsory for sole

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What is a business activity statement? If you are a business registered for GST you need to lodge a business activity statement (BAS). Your BAS will help you report and pay your: goods and services tax (GST) pay as you go (PAYG) instalments PAYG withholding tax When do I need to register for GST? As a business owner, it’s your

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What is a Voluntary Agreement? This is an agreement between a contractor (payee) and a payer to introduce the payee into the PAYG withholding system. The payee must not be under any salary and wages PAYG arrangements or being paid under a labour hire agreement already. A contractor can only be entered under this system if being paid under a

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It has all been repeated to us – pay off your debt, mainly your mortgage that is not deductible! However, the Government is continuously changing super rules which are becoming more favourable depending on your circumstances. Your age, interest rates, super returns and your income level determines the benefits, but if you are over 50 the super v mortgage strategy

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Salary sacrifice is an arrangement with your employer providing benefits from your pre-tax income which results in adjustments to your future take home salary. This arrangement can provide effective tax solutions depending on factors varying with each individual. It is becoming more popular for extra super contributions to be salary sacrificed especially as this is Fringe Benefit Tax exempt. Other

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Plant & Associates Pty Ltd

PO Box 3284 Nerang QLD 4211

Accountant - Gold Coast - Map Icon
Suite 12A, 1 Station St,
Nerang, Gold Coast, QLD 4211
Accountant - Gold Coast - Map Icon
Unit 4, 13 Cameron St,
Beenleigh, Gold Coast, QLD 4207