tax rate

Payroll Tax

August 2010

Payroll tax is imposed by each State and Territory on wages and benefits paid or payable to employees.The tax rate varies as does the amount of the threshold entitlement available to business operators.Payments made to independent contractors can be subject to payroll tax.In New South Wales payroll...

Why Tax Plan?

May 2009

Tax planning is the process of organizing the affairs of a taxpayer so that, as far as legally or commercially possible, the liability of the taxpayer to income and other taxes is minimised. – (definition from the Australian Master Tax Guide)Some common strategies of reducing ones tax liability are:Reduce...

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