P Loh & Co
News and Events
News and Events

BUSINESS ACTIVITY STATEMENTS

Under the new tax system, businesses and other enterprises can report most of their tax obligations and entitlements on a new form called the Business Activity Statement. For most businesses, this reduces the number of times they have to report to the Australian Taxation Office. We can assist even further by simplifying your accounting system for trouble-free reporting.

GST DEFINITIONS

GST stand for the Goods and Servies tax implemented by the current government. The term taxable supplies is widely defined to include most supplies (goods, services and anything else) you make. A supply is not a taxable supply if it is GST-free or input taxed.

USEFUL LINKS

CPA Online

Australian Taxation Office

Business Review Weekly

Australian Financial Review

Australian Stock Exchange

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