Do you know that you don’t have to rely on your employer to pay your super? Yes that is correct! You can add to your super contribution directly. Not only that, what you add from your pocket can be tax deductible. Before 1st of July 2017 you had to be self employed to be able to …
Are you planning to start a business? It must be exciting, but it can be challenging if you have limited knowledge in the legal or financial aspects. Here is a summary of what may be required when starting a new business Prepare a business plan, budgets, cashflow projections and trading forecasts Structure it for you …
A little saving for your children’s future starting when they are born can go a long way when they grow up. This can assist them with one of the most important things in their life – education. Saving a 100$ a month can give your children an important edge when they reach university. Considering how …
Superannuation is basically your savings which you put aside only to be used after you retire. In Australia it is mandatory for the employers to pay superannuation. This has been made compulsory to ensure that one has some savings when they retire. Here are some basics Every employer must pay 9.5% of their employee’s earnings …
Once you arrive to Australia we are sure you will be amazed by its beautiful landscape, cute animals and lovely people. Once you have settled and are considering to start work you will need to know a few things about tax. Here is what you need to get started: Before you start to work you …
We hope you enjoyed the New Years Celebrations. Here are some business tips to follow in 2019 Review your goals: make this an habit, have easy mile stones and keep a track that you are in the right direction. Review your fiances: Don’t just review finances at the end of financial year but do …
United Business Services will be closed starting Friday 21st Dec 5pm till Monday 7th January 9am. We would like to wish everyone Happy and Safe holidays. We will continue our normal operations this week so if you require any assistance do not hesitate to contact us. During holidays if the matter is urgent then please …
As the festive season approaches. Think of the less fortunate, lend a helping hand make a donation. There are many organisations who are deductible gift recipients (DGR). Therefore they are entitled to receive tax deductible gifts. Conditions and Claims To claim a donation back on your tax return, it must meet the following conditions: The gift …
At United Business Services we provides both Fringe Benefits Tax (FBT) Advice and Fringe Benefits Tax (FBT) Planning. Watch the short video below to see the implications of FBT. For a full list of UBS taxation services please click here. To discuss further contact us on +61 2 9534 8744 or visit our contact us page. …
As we approach the holiday season a lot of temporary work gets available. If you are planning to take on one then remember that you will need to declare this during Tax Time next year. So keep a record of what you do and hold on to the receipts/summaries that you receive for this work. …