The rules and regulations of the Australian taxation system can be intimidating if you don’t have an expert on your side. At Taxbiz, we are committed to working closely with you to provide expert advice on how to scale your business and stay compliant with all tax laws.
We know the hurdles and challenges you face as a new business owner and understand the importance strong foundations will make in driving success. That is why we work closely with you in the start up phase of your business to provide you with all the knowledge you need to follow ATO regulations make your business thrive. We will sit down with you and discuss all of your available options from choosing a structure, record keeping best practices, selecting the right software and much more.
Aquiring an ABN (Australian Business Number) is the first step in starting your business. We offer a comprehensive service whereby we will assist you in applying for an ABN, providing you with the support you need to get the ball rolling. Using our service will accelerate the process, giving you your ABN sooner.
Your business may have to register for Goods and Services Tax if it meets the requirement outlined by the Australian Government:
If you meet these requirements, your business will need to collect an additional 10% on top of all sales which is to be paid to the ATO. Our team is able to assist you in registering your business for GST and making sure all payments are made correctly.