Tax facts
KSG has been providing accounting, taxation and audit services on Sydney’s North Shore for 15 years. Our highly specialised team has a wealth of knowledge and qualifications including registered tax agents, registered company auditors and registered SMSF auditors.
Tax facts
Australian Business Number
Tax Facts Back to all facts Tax Facts – Australian Business Number The Australian Business Number (ABN) provides a single…
Read MoreCapital Allowances
Tax Facts Back to all facts Tax Facts – Capital Allowances The Uniform Capital Allowance (UCA) system provides a set…
Read MoreCapital Gains Tax
Tax Facts Back to all facts Tax Facts – Capital Gains Tax Capital gains tax (CGT) is the tax you…
Read MoreFringe Benefits Tax
Tax Facts Back to all facts Tax Facts – Fringe Benefits Tax Fringe Benefits Tax (FBT) is paid on particular…
Read MoreFuel Schemes
Tax Facts Back to all facts Tax Facts – Fuel Schemes Fuel schemes provide credits and grants to reduce the…
Read MoreGeneral Value Shifting
Tax Facts Back to all facts Tax Facts – General Value Shifting Value shifts change the relationship between the market…
Read MoreGoods and Services Tax
Tax Facts Back to all facts Tax Facts – Goods and Services Tax GST is a tax of 10% in…
Read MoreImputation
Tax Facts Back to all facts Tax Facts – Imputation The imputation system provides a way for Australian corporate tax…
Read MoreIncome Tax
Tax Facts Back to all facts Tax Facts – Income Tax Income tax is levied on taxable income, which is…
Read MoreMedicare Levy
Tax Facts Back to all facts Tax Facts – Medicare Levy The Medicare Levy is a tax Australian residents pay…
Read MorePaid Parental Leave
Tax Facts Back to all facts Tax Facts – Paid Parental Leave The Paid Parental Leave scheme became available on…
Read MorePAYG Instalments
Tax Facts Back to all facts Tax Facts – PAYG Instalments Pay As You Go (PAYG) Instalments is a system…
Read MorePAYG Withholding
Tax Facts Back to all facts Tax Facts – PAYG Withholding You need to withhold payment amounts: From payments you…
Read MoreRates and Calculators
Tax Facts Back to all facts Tax Facts – Rates and Calculators The ATO has a variety of rates tables,…
Read MoreSmall Business Entity Concessions
Tax Facts Back to all facts Tax Facts – Small Business Entity Concessions Small businesses with an annual turnover of…
Read MoreState Taxes
Tax Facts Back to all facts PAYROLL TAX Payroll tax is a state tax on the wages paid by employers…
Read MoreSuperannuation Guarantee
Tax Facts Back to all facts In addition to employees’ salaries and wages, employers are required to pay super contributions…
Read MoreTax Facts – Activity Statement
Tax Facts Back to all facts Tax Facts – Activity Statement Businesses use activity statements to pay and report various…
Read MoreTax Payer Penalties
Tax Facts Back to all facts Tax payers who do not meet their tax obligations may face penalty or interest…
Read MoreWine Equalisation Tax
Tax Facts Back to all facts Wine Equalisation Tax (WET) is a tax on wine levied at 29%. The tax…
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