A new round of free Tax Basics workshops have been scheduled throughout Greater Western Sydney starting from this week.
The Australian Taxation Office (ATO) is running them in Bankstown, Baulkham Hills, Blacktown, Fairfield, Mt Druitt, Penrith and Springwood, to help new business owners or people considering starting a business.
Each workshop lasts between 90 minutes to two hours and includes a Q&A session. Participants can attend any session at any location but must register beforehand.
The sessions are:
You’ll learn about:
Business structures and their different rules, tax rates and obligations
Tax and non-tax business registrations
Allowable deductions, including motor vehicle deductions, depreciation and home-based business expenses
Annual and quarterly reporting requirements
Record keeping principles
Where to go for help and information when you need it.
Record Keeping for Small Business You'll learn:
Why good record keeping is important
What records to keep and for how long
Tips for retaining good records
Where to get help and support.
You will also be shown examples of:
How to deal with cash receipts and payments, and
How to report amounts in the activity statement.
Employer Essentials Do you have employees, or are you thinking of employing workers? This workshop will help you to understand your tax and super obligations as an employer.
You’ll learn about:
What to do when you hire workers, and how to determine whether they’re employees or contractors
Pay as you go (PAYG) withholding annual reports and payment summaries
How to report fringe benefits for your employees
Superannuation reporting and due dates.
Taxable payments reporting for the building and construction industry.
Participants at each session will be shown online tools and resources for future use and will have the opportunity to network.
Please bring a pen and calculator.
SESSION TIMES AND LOCATIONS
Tax Essentials 16/09/17 (10:15am - 12:15pm) Register here
Employer Essentials 17/10/17 (1:30pm - 3:00pm) Register here
Record Keeping 24/10/17 (10:15am - 1:15pm) Register here
Tax Essentials 19/10/2017 (10:00am - 12:00pm) Register here
Employer Essentials 19/10/2017 (1:00pm - 2:30pm) Register here
Record Keeping 16/11/2017 (10:00am - 1:00pm) Register here
Record Keeping 23/10/2017 (10:00am - 12:30pm) Register here
Employer Essentials 23/10/2017 (1:30pm - 3:00pm) Register here
Tax Essentials 19/10/2017 (10:30am - 12:30pm) Register here
Record Keeping 19/10/2017 (1:30pm - 3:30pm) Register here Penrith
Tax Essential 15/08/17 (10:00am - 12:00pm) Register here
Record Keeping 17/09/17 (10:00am - 12.30pm) Register here
Employer Essentials 17/09/17 (1:00pm - 2.30pm) Register here
Tax Essentials 30/08/2017 (10:00am - 12:30pm) Register here
Record Keeping 6/09/2017 (10:00am - 12:30pm) Register here
Employer Essentials 6/09/2017 (1:00pm - 2:30pm) Register here