WELCOME TO KT ACCOUNTING & TAXATION SERVICES Pty Ltd.
We offer a variety of services to suit your individual needs.
What are you looking for?
- Individual and Partnership Income Tax Returns
- Company & Trust Income Tax Returns
- Preparation of financial accounts
- Preparation of Business Activity Statements
GOING INTO BUSINESS?
Don't know what to do? We can help walk you through the steps of Business Name registration, acquiring an ABN, registering for GST ( If applicable ), How the next tax system works, record keeping and further advice on preperation of business activity statements.
MAINTENANCE
So you are in Business - what do you do now? You need to talk to your Accountant. You can spend thousands of dollars on advertising to get the business to your door, you know how to produce your product but what do you do with all those receipts and the endless amount of paperwork that you can't jump over? YOU NEED HELP.
HELPFUL HINTS
Medical Expenses Rebate
If you spend in excess of $1500.00, after Medicare and Private Health Refunds, you could be entitled to a rebate on 20% of the excess over $1500.00. NB: if you know in advance of anticipated Medical Expenses, why bulk up all the costs in one year.
Motor Vehicle used for work purposes
If you use your Vehicle for work and business purposes you need to keep a log book for 12 weeks. The log book is valid for 5 years or until you upgrade your vehicle and if there is a major change in the vehicle usage for work or business purposes.
If you have a vehicle that has a carrying capacity of one tonne or more then you are excluded from keeping a log book. You can make a claim for transporting bulky tools.
