Registrations are another core area of business. Are you aware of requirements and thresholds? Do you know what the process is to maintain registrations? Some registrations are once off and that’s it for months, years or even decades. Others; they require attention regularly. We can take the hassle out of handling the obligations tied to registrations. To start with, we can handle the initial registration for a number of requirements. This way you know your registrations are correct and won’t come back to cause you problems later on.

Speak to our friendly staff today to get registered for any of the following;

• ABN- Australian Business Number Applications
• GST, Fuel Tax Credit & PAYG Registration
• Tax File Number Applications (for businesses)
• Superannuation Guarantee Contribution Obligations
• Business Name Application and Registration
• Company Registration
• Resolving Taxation issues with A.T.O
• Insurance – Work Cover and handling dealings for Business Insurance
• Remission of penalties
• Plus much more!

Thresholds:

If your business passes the threshold of certain registrations, you are required to register immediately. Government bodies may impose penalties for not registering after passing their applied threshold.

The main thresholds to keep an eye on are:

1) Goods & Services Tax (GST)

After your business reaches an annual turnover of $75,000.00 you must register for GST. If you believe you may pass or be close to passing this amount, we suggest speaking to us to discuss what’s next.

2) Workers’ Compensation (WorkCover)

If your business has any workers, either Subcontractors or Employees, it is important that you know that the threshold for Workers’ Compensation is only $7,500.00 in payments to workers per year. Once you hire staff or take on a subcontractor, speak to our staff to get yourself registered.