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Tax on Imported Goods in Australia

Tax on Imported Goods in Australia: What You Need to Know Before You Import

Times have changed for Australian importers. Whether you’re bringing in a few luxury cars, restocking your trading stock, or arranging a shipment of goods for your small business, one thing hasn’t changed: understanding your tax on imported goods is critical if you want to stay compliant and save money. At Pherrus Financial Services, we specialise…

BAS, Accountant, Accounting, ATO, GST, Tax Advice, Tax Compliance,

Why Do I Have to Pay GST (Tax) When I'm Not Making Money?

Why Do I Have to Pay GST (Tax) When I’m Not Making Money?

Small businesses often have a love-hate relationship with the Goods and Service Tax – and with good reason. If you ignore it, the Australian Taxation Office can demand more tax from you regardless of whether your bottom line can take the hit. What is GST? Why do you sometimes have to pay it even if…

Accounting, GST,