financial year 退税会计推荐

ressul

原帖由 shuangchao 于 2009-8-12 10:13 发表


i don't believe it is necessary to do an apportionment, and it will be very difficult to do apportion based on page contents (and almost unheard of). Having significant work related deductions may ...

Thank you for your advice, David.
I personally think the other reason could be because they are fashion magazines - not those PROFESSIONAL ones. If an accountant wants to claim CPA magazines for about $2,500, I don't think it should be rejected in that case. I personally don't think the claiming amount is the key issue here as I remember a case saying the court should only determine the eligibility of the claim rather than decide how much taxpayer should spend. But as long as the tax payer can justify the nexus between the magazine and his profession, this cliam should be allowed regardless how much he is claiming.

shuangchao

原帖由 ressul 于 2009-8-12 10:37 发表

Thank you for your advice, David.
I personally think the other reason could be because they are fashion magazines - not those PROFESSIONAL ones. If an accountant wants to claim CPA magazines for ab ...

you are correct, i know very little about fashion magazines, what would be an professional fashion magazine? it is possbile that his tax agent refuse to claim because he believes that there is no occupational focus in the fashion magazines your friend subscribes, the magazines could be too generic. anyway, a tax agent who has a strong opinion and are not afraid of saying no to clients is a good tax agent. once again, if your friend believes that there is a strong nexus, he could discuss with the agent further.

zhentalent

顶一个

chocachu

Hi David,
Can you tell how the 30% investment allowance work? does it work on any asset i buy? and what is the deadline?

shuangchao

its a big topic, you can find information in the following link
http://www.ato.gov.au/taxprofess ... ontent/00175431.htm

冬至

明天电 DAVID

HaagenDazs

Hi David,
I have some interstate friends who want to do tax returns, can you help them?  What is the procedure?  Do they need to visit you or it's possible over the phone?  Thanks.

niuba

原帖由 joelucie 于 2008-8-3 16:33 发表
刚刚完成家庭退税，因为有投资房，所以请的是会计师提供报税服务。比较报纸上的广告，找了个报价经济的会计师，业务完成后感觉不错，有替客户着想，和客户沟通，多退税。我们夫妻俩收入不算高（比足迹网平均工资低） ...

问一下：一个家庭夫妻两个报简单的工资收入算一个还是两个CASE啊

shuangchao

原帖由 niuba 于 2009-8-29 13:49 发表

问一下：一个家庭夫妻两个报简单的工资收入算一个还是两个CASE啊

two tax returns are required if both husband & wife are working

shuangchao

原帖由 HaagenDazs 于 2009-8-29 13:28 发表
Hi David,
I have some interstate friends who want to do tax returns, can you help them?  What is the procedure?  Do they need to visit you or it's possible over the phone?  Thanks.

No visit is required. it will be the same process as per local clients who want to have their tax returns done without leaving their home. a traditional telephone or video conference or internet phone interview is conducted, time taken will depend on the complexity of the return itself.

zhentalent

david, what is the non-resident witholding tax?

HaagenDazs

Hi David,
Suppose I have extra cash and want to pay towards mortgage, is it better off to put it in mortgage offset account or pay off mortgage and set up redraw facility (just in case need to use money again)? Thanks.

shuangchao

原帖由 HaagenDazs 于 2009-9-15 18:26 发表
Hi David,
Suppose I have extra cash and want to pay towards mortgage, is it better off to put it in mortgage offset account or pay off mortgage and set up redraw facility (just in case need to use mo ...

well, depends on whether the house is principle residence or investment, generally, you always pay off principle first. choosing offset facility or redraw facility is often a choice you made at the beginning. offset facility does offset some flexibility if you plan to move into another house and have the first one as investment property. i am not 100% certain what you are asking here, so i hope the above answers your question.

chocachu

hi, i have another question, what happens when an employer not paying employee any superannuation, how will they get caught?

shuangchao

原帖由 chocachu 于 2009-9-19 23:53 发表
hi, i have another question, what happens when an employer not paying employee any superannuation, how will they get caught?

quite often employees will report the employer when they notice that they have not been paid superannuation. it can also be picked up during an audit or through other means. late superannuation contributions are not deductible for tax purpose.

dynamix

of the last couple of years a friend of mine used a tax agent who claims he is expert in tax affairs when a client has an investment property. This friend was not impressed in the way his tax agent did the investment property case for him.

The tax agent asked for $250 for his case this year...for his 1) ordinary salaried job 2) a job using his ABN treated as 'small business' (but cannot be simpler cos he presented him all the details and sums) 3)a property for investment (again he presented him all the details and sums) and 4) a couple of transactions with ASX and 5) a few bank deposits accounts with thus several income in interests. Asked why he was charged that much, the tax agent says that he claimed a lot of money back for my friend and $250 is just a small portion of it. Does my friend still need to use the same tax agent next year?

shuangchao

原帖由 dynamix 于 2009-9-21 21:22 发表
of the last couple of years a friend of mine used a tax agent who claims he is expert in tax affairs when a client has an investment property. This friend was not impressed in the way his tax agent di ...

i don't think i can answer that question, if there is minimal works involved, then $250 may be alittle bit much. however, if your friend is getting valuable advise from the tax agent, then the fee can easily be justified.
If the tax agent does no more than enter everything provided by your friend without asking questions or give any suggestions/advises. then it is not hard to find some other tax agent who does the same thing for lower fees.

HaagenDazs

Thank you for your response

franknet

Hi David,
I am in Sydney.  
Is it too hard for you to do my tax? I desperately need a good accountant like you.
Also are you specialized in property investment tax? I am thinking saling my home and buy an investment property. I am paying more tax than nessasry.....  

臭豆

That's great. I've been looking for a good accountant. I will contact David later.
Thank you!

shuangchao

原帖由 franknet 于 2009-9-25 14:02 发表
Hi David,
I am in Sydney.  
Is it too hard for you to do my tax? I desperately need a good accountant like you.
Also are you specialized in property investment tax? I am thinking saling my home an ...

i can certainly help you, you may contact me on the numbers below.

HaagenDazs

David is one of the best accountants I've met.  Many of my friends have lodged through him and they are all very satisfied. He is happy to re-do if you are not satisfied with the bottomline.  I am surprised that the fee is reasonable too; mine is only $45!   Thanks a lot

HaagenDazs

Hi,
For PAYG Instalment, do you expense or accrue it in the books?
What's the journal entries please?  
WIll varying down the instalment rate increase the chance of a tax audit?
Thanks.

queenie

thanks,

shuangchao

原帖由 HaagenDazs 于 2009-10-6 13:41 发表
Hi,
For PAYG Instalment, do you expense or accrue it in the books?
What's the journal entries please?  
WIll varying down the instalment rate increase the chance of a tax audit?
Thanks.

Generally, you can Cr Bank, Dr Provision for income tax liability everytime you pay a PAYGI.
Varying down instalment will not trigger an audit, but you must have good reason to do this, for example, business is not performing as well as last year, therefore instalment has to be lowered because this year's tax bill will be lower. If you vary the instalment to nil, and end up with the same tax bill as last year, chances are you will be fined and interest will be imposed on the instalments you have missed

HaagenDazs

Hi,
Thanks for your answer.  Do I also make a journal of Dr Income Tax expense Cr Provision for income tax liability every month before the quarterly BAS is due?  Otherwise, won't my provision be accumulating in debits only?

For medicare levy, I've heard that it is calculated based on family taxable income.  If the family does not do tax returns together, how to calculate the correct income of the others in the family?
Say husband's income is 70,000 and wife's is $50,000, how much does each one pay?

Thanks very much.

shuangchao

原帖由 HaagenDazs 于 2009-10-15 21:10 发表
Hi,
Thanks for your answer.  Do I also make a journal of Dr Income Tax expense Cr Provision for income tax liability every month before the quarterly BAS is due?  Otherwise, won't my provision be acc ...

You can record the PAYGI by dr provision for income tax, and cr cash everytime you pay for it. at year end, you can reverse the provision amount by dr actual tax payable. There are a number of ways to do this, but there is only one end result.
for husband & wife that are both working full time, they can put in an estimate in their return and it will not affect medicare calc in almost all instances. However, it is recommended that couple do return together to avoid double claiming and allocate some expenses to their best advantage

M_N_Y

想问一下DAVID有关REDUNDANCY PAY。

我08/09年有收到原来公司的REDUNDANCY PAY， 据我知道这部分如果不超过收到PAY的FY的THRESHOLD是不用付TAX，而EMPLOYER也是应该在PAYG SUMMARY的D拦里把UNDER THRESHOLD的写上，只有超出部分才要给你一个ETP SUMMARY.因为自己不是100%肯定不知道你可不可以CONFIRM一下。

shuangchao

原帖由 M_N_Y 于 2009-10-27 14:26 发表
想问一下DAVID有关REDUNDANCY PAY。

我08/09年有收到原来公司的REDUNDANCY PAY， 据我知道这部分如果不超过收到PAY的FY的THRESHOLD是不用付TAX，而EMPLOYER也是应该在PAYG SUMMARY的D拦里把UNDER THRESHOLD的写上 ...

hi, yes, lump sum d is not assessable and does not show on your tax return.

M_N_Y

原帖由 shuangchao 于 2009-10-28 19:14 发表


hi, yes, lump sum d is not assessable and does not show on your tax return.

谢谢，暂时没有办法给你加分了。