Contact us for a free initial consultation - (08) 8911 0969
Contact us for a free initial consultation - (08) 8911 0969
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MKM Accountants provides goods and services (G&S) tax accounting services that ensure applicable businesses meet their GST reporting and taxation obligations.
Goods and services tax (GST) is a 10% tax that applies to most goods, services, and consumer items that are sold or consumed in Australia. Individuals (sole traders) and businesses in Australia with an annual revenue turnover of more than $75,000 must register for GST. Registering for GST enables applicable businesses to charge GST on sales and claim GST credits on purchases that are made for business.
Registering and charging GST is just one part of the equation. Once a business or sole trader is registered for Goods and services tax, they must:
Our GST accounting services in Perth cater to businesses of all sizes and at all stages of business, including:
· Registration for GST
Business Activity Statement (BAS)
· Ensuring GST compliance
· Avoiding late lodgement penalties
· Accurate record keeping
Our GST accountants understand the intricacies of GST reporting and compliance and ensure that your business records remain accurate, up to date, and you are paying and claiming the correct credits on sales and purchases.
We are chartered accountants recognised through our membership to Chartered Accountants Australia and New Zealand (CA ANZ). As registered Chartered Accountants, we are “Difference Makers” with a complete range of skills and expertise that goes beyond basic accounting certification.
Our work across multiple accounts has afforded us Xero Bronze Partner status, which entitles us to all of the software and support given to Xero partners. Our Xero Bronze Partner status provides our clients with enhanced support and access on the accounts that we manage.
Our Xero Certified Advisor status means that we are certified to provide accounting and bookkeeping services on the Xero platform for our clients. Gaining and maintaining certification reflects our expertise on the Xero platform and ensures we deliver the best service to our clientele.
We are Tax Practitioners Board Registered. This certification shows that MKM Accountants are members of the independent regulatory board in Australia that is responsible for registering and regulating all tax agents and Business Activity Statement (BAS) agents.
Phone Number: (08) 8911 0969
Email: admin@mkmaccountants.com.au
Perth, Western Australia, Australia
The ATO have recently released Taxpayer Alert 2024/2. The ATO are concerned with taxpayers who attempt to circumvent the operation of Division 7A by the use of an interposed entity and guarantees.
The Working Holiday Maker visa program has been around since 1975 and allows foreigners to work or study temporarily in Australia, under a 417 visa (Working holiday visa), or a 462 visa (Work and holiday visa).
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