Tax Registration Advice and Implementation - CapitalQ

Tax Registration Advice and Implementation

Obtaining an ABN and requesting the various other tax registrations is relatively straightforward.

But there are still tricks and traps.

You need to ensure you complete the applications correctly, especially your ABN application.

Because they form the basis of how you are classified at the ATO and other Government agencies from that day forward. And your answers will play a big roll in determining how the ATO will measure your reporting and potentially determine when and if you will be selected for audits or other further analysis.

The registrations you need to consider include –

  • Your ABN, including which entities in your structure are entitled to one, and which are not
  • Tax File Numbers (“TFNs”)
  • Goods & Services Tax (“GST”) Registration, including which entities should be registered, what basis to lodge on and what frequency
  • Pay As You Go Withholding (“PAYGW”) including frequency of reporting
  • Payroll Tax.

More about Accounting & Tax

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What our customers say

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Recent advice directly resulted in a $10k to $15k increase in our bottom line PER MONTH!

We have worked with the Team at CapitalQ for some 12 years now, and they have been an invaluable, irreplaceable partner in our businesses and wealth building. Every year CapitalQ go all out to help minimise our taxes and over the years the total savings are substantial. The strategies put in place will continue to save us tax each year well into the future. They have also made substantial contributions towards increasing our profitability. There are two very specific pieces of advice we have received that each directly resulted in immediate, substantial increases in profitability. The most recent such piece of advice resulted in an instant $10,000 to $15,000 PER MONTH improvement in our bottom line!”
Mike and Rachel Henderson

Mike and Rachel Henderson

Henderson Shearing and Badgingarra Roadhouse & Tourist Park

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