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.

Accounting & Tax

What our customers say

Tom has helped me with my personal tax returns over the past 3 years and I would recommend him to anyone who is looking for a quality Accountant to manage their tax affairs.

He delivers a prompt, reliable and knowledgeable service, and is always happy to answer any queries or offer advice throughout the year.

In my first meeting with Tom he identified some significant tax savings from the previous financial year that has been missed by my former Accountant, and also gave me some useful advice on how to manage my investment property.

Steve Hearl

Senior Recruitment Consultant - Mining Employment Services

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