FAQ

Questions

  1. When is my BAS due?
  2. When is my Tax Return due?
  3. What are the reasonable travel and overtime meal allowance expense amounts for 2008-09?
  4. When do I need to pay the Superannuation for my staff?
  5. How can I pay my Robins Accountants fee's?
  6. What are your fee's?
  7. Do you offer payment plan options?
  8. Can I fax my signed lodgement to you?
  9. Are Robins' fee's tax deducticble
  10. How long do I need to keep my tax records?
  11. How can I get a payment slip if I have lost my BAS or IAS form?
  12. Do you offer a book keeping service
  13. What are your office hours
  14. Can I have your fee deducted from my tax refund?
  15. Do you have a qualified financial advisor to refer me to?
  16. Do you have a qualified finance broker to refer me to?
  17. Can I consolidate my previous employer superannuation funds?
  18. What is the maximum/minimum salary for employer superannuation to be payable?
  19. Do all employees have freedom of choice of where their superannnuation can be paid?
  20. Do I have to pay superannuation for anyone under the age of 18?
  21. What is the superannuation contribution percentage?
  22. What do I need to set up a Sole Trader business?
  23. How much can I earn before legally registering for GST?
  24. What is the out of pocket medical expenses threshold?
  25. What is the minimum income stream allowed to be drawn from a self funded superannuation fund?
  26. Where can I find information about the new National Employment Standards?
  27. Do you prepare BSA's?
  28. Can you prepare my financials from MYOB if I sent the files?

Answers

  1. When is my BAS due?

    For quarterly BAS, generally the 28th day after the quarter end.  However, if you lodge through Robins Accountants you are automatically given a 2 week extension.

    Monthly BAS is due the 21st day after the month end.

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  2. When is my Tax Return due?

    For Robins Accountants clients, tax returns are due March/April/May of the following year.  For example, the deadline for 08/09 returns would be March/April/May 2010.

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  3. What are the reasonable travel and overtime meal allowance expense amounts for 2008-09?

    Click here to view the ATO document Taxation Determination.

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  4. When do I need to pay the Superannuation for my staff?

    For quarterly payments: to get a tax deduction and no penalty the due date is the 28th day following the previous quarter end.

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  5. How can I pay my Robins Accountants fee's?

    Direct Debit* to: ANZ Bank - BSB 014 218, Account No.111 051 919

    *please ensure you quote your name and invoice no. as the reference, otherwise we can not identify the payee.

    Cheque / Cash / EFTPOS

    We accept all major credit cards, with the exception of Diners

    We also offer prepayment terms, please call 07 3822 5566 to enquire.

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  6. What are your fee's?

    Salary & Wage returns;

    Individual - $120.00

    Douple/Couple - $220.00

    Schedules - $70.00 per schedule

    All prices are GST inclusive

    All other fees can be quoted up front, depending on the business.

    Please contact us on 07 3822 5566 if you would like further information.

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  7. Do you offer payment plan options?

    Yes. 

    You can pay your fee's using our SmartFee option over a period of 3, 6 or 12 months.  An upfront interest amount will be charged and minimum funding for this option is $500.

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  8. Can I fax my signed lodgement to you?

    Yes, to speed up the lodgement process you can fax your signed Tax Return to us on 07 3822 5577, we will then save it in our records.

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  9. Are Robins' fee's tax deducticble

    Yes, and for any clients taking advantage of our prepayment terms, the tax can be claimed back in the year payment is made.

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  10. How long do I need to keep my tax records?

    You are required to keep your records for 5 years from the date of lodgement.  We therefore suggest you maintain your records for 6 years in total.

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  11. How can I get a payment slip if I have lost my BAS or IAS form?

    Contact our office on 07 3822 5566 and we will send you a payment advice by email, fax or mail, which ever suits you.

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  12. Do you offer a book keeping service

    Yes, please contact us on 07 3822 5566 if you would like to discuss this further.

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  13. What are your office hours

    All our offices are open from 8.30am to 5.00pm, with lunch from 12.00pm to 1.00pm.

    We also offer some late night and Saturday appointments during the tax season, so please call us on 07 3822 5566 for availability.

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  14. Can I have your fee deducted from my tax refund?

    Yes, fee's may apply.

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  15. Do you have a qualified financial advisor to refer me to?

    Yes, we recommend you contact John Lowey of Financial Wisdom on 07 3891 9660.  See our Financial Advice page for details.

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  16. Do you have a qualified finance broker to refer me to?

    Yes, we recommend Julian Bowden of First Chartered Capital.  See our Finance section for details.

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  17. Can I consolidate my previous employer superannuation funds?

    Yes, but advice should be sought prior to doing this, please contact our office on 07 3822 5566 for more information.

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  18. What is the maximum/minimum salary for employer superannuation to be payable?

    Min. - $450 gross per month

    Max. - $120,000 gross per year, approx.

    There are also minimum and maximum age limits, please contact your accountant for further information.

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  19. Do all employees have freedom of choice of where their superannnuation can be paid?

    No, please contact our office on 07 3822 5566 for advice.

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  20. Do I have to pay superannuation for anyone under the age of 18?

    No.

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  21. What is the superannuation contribution percentage?

    9% for small business operators.

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  22. What do I need to set up a Sole Trader business?

    We can set that up for you.  This includes ABN, GST (if required), public liability or professional indemnity and insurances as required.

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  23. How much can I earn before legally registering for GST?

    $75,000 gross turnover.

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  24. What is the out of pocket medical expenses threshold?

    $1,500.

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  25. What is the minimum income stream allowed to be drawn from a self funded superannuation fund?

    2% of the July 1 account balance.

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  26. Where can I find information about the new National Employment Standards?

    Click here to view the website and download the Fair Work Information Statement.

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  27. Do you prepare BSA's?

    Yes, please contact your accountant for further information.

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  28. Can you prepare my financials from MYOB if I sent the files?

    Yes, MYOB is our preferred software package.  For your added convenience, you can upload your MYOB files directly to our Client Area Section.

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