013. Tax Bite: Reasons Why You Should Always Use a Tax Agent

04/08/20 • 19 min

A tax agent can provide you with much more value than you may realise. In this episode, Corinne and Sheryl talk about the reasons why you should use a Registered Tax Agent to prepare your individual tax return in tax time 2020.
We outline the 6 ways that working with a Registered Tax Agent will benefit you:
1. Knowledge and experience
2. Valuable relationships and timely advice
3. Expertise in occupation-specific tax deductions
4. Convenience and time-saving
5. Extended tax lodgement deadlines
6. Tax agent fees - they pay for themselves.
You can learn more about the show's hosts, Corinne Cole and Sheryl Cole at:

platinumaccounting.com.au

platinumaccounting.com.au

Previous Episode

Special Episode: The Government's $66.1 bn Stimulus Package Explained

In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne Cole outline the key 8 measures announced in the Government’s 2nd $66.1 bn Stimulus Package.

We clarify for you:

Tax-free payments up to $100,000 for employers
Sole traders and self-employed - what’s available for these taxpayers
Support available for businesses who employ Apprentices and Trainees
Increased Centrelink Supplements
Early release of superannuation
Loans for small and medium businesses up to $250,000
Solvency Safety Net
Solvency & Bankruptcy

In this episode we mentioned where you can find more information about the support available for businesses who employ Apprentices and Trainees:

The Department of Education, Skills and Employment website at: www.dese.gov.au
Australian Apprenticeships website at: www.australianapprenticeships.gov.au

For further information on how to apply for the subsidy, including information on eligibility, contact an Australian Apprenticeship Support Network (AASN) provider.

We also noted that the Government is now providing two separate $750 payments to social security, veteran and other income support recipients and eligible concession card holders residing in Australia. You can access the full list here.

You can learn more about the show hosts, Corinne Cole and Sheryl Cole at:

platinumaccounting.com.au

Next Episode

014. Job Keeper Payments & further updates on Government Stimulus Measures

In this episode, Accountants, Registered Tax Agents and CPA’s Sheryl Cole and Corinne provide further details regarding the Government's Stimulus Packages and other subsidies, grants and relief that may be available to your business in response to COVID-19.

We clarify for you:

Job Keeper Payments and the eligibility of employers, employees and self-employed.
Business Grants of up to 10k in Victoria
Tax-free payments up to $100,000 for employers; a closer look.
Moratorium on evictions and rent relief for commercial tenants
Instant asset write off and Accelerated depreciation; a closer look
ATO assistance and support that is available during this pandemic

We referenced the National Cabinet's Mandatory Code of Conduct regarding SME Commercial Leasing Principles during COVID-19.

Further updates will follow as more information becomes available. Be sure to follow us on Facebook for the latest information.

You can learn more about the show hosts, Corinne Cole and Sheryl Cole at:

platinumaccounting.com.au