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Level 2, 1 Prowse Street West Perth WA 6005
- 08 9430 7888
Level 2, 1 Prowse Street West Perth WA 6005
Taxpaying is important, but it is also essential to plan it effectively so that you save money on your income that cannot be a fluke. We, GW Capital Group, believe that it’s essential for everyone to plan for taxes that can maximise the refunds and minimise the liabilities. You cannot skip the fact that taxation is one of the complex aspects that needs a specialised approach. Many people consider outsourcing their tax planning operations as outsourced tax planning firms have highly specialised tax agents that can do the best job as per the ATO guidelines.
Our tax professionals can help businesses with a range of tax planning services. Over the years, we have been associated with several local and international firms and saved their costly dollars through our services.
Call us to know about our tax services and how we can make your life easy.
Tax planning help individuals with maximising the refunds and minimising the liabilities that can save money without breaching any law set by ATO.
The Corporate tax is calculated on the Net profit obtained x corporate tax rate.
As per the laws set by ATO, If an Individual fails to pay corporation taxes, they are charged interest on the unpaid amount. A stronger penalty or action may be imposed by the ATO department if an individual fails to pay corporation tax.
If the income of an individual is less than $18,200 or less in the past financial year, not required to lodge a tax return. Above $18,200 earning individuals need to lodge tax returns based on their earnings.
Tax planning and tax evasion are both performed to reduce the taxable amount. The main difference is the legitimate approach. Tax planning is a genuine practice performed by tax specialists, whereas evasion is illegible operations performed by fraudsters.
