Accountants Chifley

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What is a BAS?

BAS is the acronym for Business Activity Statement. A BAS is a form issued by the ATO that need to filled in by all businesses who are registered for GST. These statements are usually quarterly but for some businesses these may also be on a monthly basis.

What is STP (single touch payroll)?

STP is the way the government wants businesses to report tax and super information to the ATO. If you have a chat to your accountant they can make sure you are meeting your ATO requirements.

Which accounting package should I use?

This will depend on your business size and what you want to do with it. Popular packages include Xero, MYOB and Quickbooks.

How do I become an accountant in Chifley?

To become an Chifley accountant you will need to go to university and study an accounting degree, after your study you will need to intern at an accounting firm and from there work your way up the ranks.

What is a SMSF (Self-Managed Superannuation Fund)?

A SMSF is a superannuation trust structure that can be set up to manage your superannuation money if don't want to have your money in one of the traditional super funds.

How do I find good accountants Chifley?

The key to find good accountants in Chifley is finding one with whom you can have good clear conversation so you can ensure they understand your accounting needs and requirements. Depending on your requirements will dictate the type of accountant you need.

What can a tax accountant Chifley offer my business?

A good tax accountant in Chifley can supply you with the information to make the right decisions on how to structure your business for maximum tax effectiveness. They can also suggest the best ways to structure the purchase of assets and equipment to make the most of tax offers that may be available.

Is job keeper Chifley available for all businesses?

If you are applying for job keeper in Chifley then you will have to meet the test criteria set forth by the government and the ATO. Have a chat with your accountant as they will be able to help determine if your business is eligible for job keeper.

What is a Chartered Accountant Chifley?

Chartered Accountants in Chifley are members of Chartered Accountants Australia and New Zealand, to be a CA the accountant will have needed to have completed the steps required to gain membership, this includes holding the relevant academic requirements as well as completing the CA program.

What is a CPA in Chifley?

A Chifley CPA is a Certified Practising Accountant. For an accountant to be qualified as a CPA they will need be a member of CPA Australia - this means they will have a qualification that is recognised by CPA Australia as well as completing the CPA program and having 3 years of professional experience in the field. A CPA member will need to undertake CPD points each year to maintain membership along with complying with the CPA code of conduct.

How do I find business accountants in Chifley?

The size of your business will determine what type of accounting firm you will need to employ. Chifley business accountants will vary from smaller accounting firm which will likely suit you if you are a sole trader up to a larger firm if you are a registered company in which case you will require more specialized services regarding company tax law and fulfilling audit requirements.

When is my tax return due in Chifley?

If you don't lodge your tax return in Chifley via a tax agent then the due date will usually be October 31. If you are using a tax agent in Chifley then the due date will be later - this can be up until the 15th of May if the right conditions are met.

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If you own a business in Chifley and would like to have your business listed here then add your business to the guide. You can get a Classic Listing where you will be able to feature your business including a photo, opening hours, specials and more in our Chifley Accountants directory.

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