NEAF 2015

2015 The Year Everything Happened

Month: August 2020

The Basics Of Tax Accounting

August 27, 2020 / / Comments Off on The Basics Of Tax Accounting

tax accountant lane cove

Tax accountant based in lane cove helps around tax filing and tax returns rather than the preparation of financial statements. Taxation policies devised by the government influence an array of economic factors- employment levels, the balance of trade, Inflation levels, etc.

Tax rates vary for the different kinds of taxpayers. Generally, we identify taxes as either progressive or regressive after comparing the amount of tax paid with the individual’s income.

Progressive taxes are the taxes in which the proportion of tax rises with the income. Income tax is a good example of progressive tax, as income of any individual increases, they are required to pay higher amounts of tax than the other individuals earning relatively lower.

Regressive taxes are the taxes in which the proportion of tax is inversely proportional to the income. The less the income of an individual, the higher the taxes he would have to pay. The sin taxes on tobacco and gambling are a classic example of regressive taxes where the individuals with lower incomes are highly affected as more of the tax burden falls on them.

Types of taxes

1. Income tax: It is the tax paid on the income by every working individual. The ranges of taxes vary from 0%, 19%, 32.5%, and 37% depending on the income.

2. Capital gains tax: It is paid on your net gains when you sell or dispose off your assets.

3. Corporation tax: It is the tax paid by companies on their net income. Both public and private companies are liable to pay this tax.

4. Goods and services tax (GST): GST is the tax imposed on the goods which are sold to the general public for consumption. It is the consumer who pays the tax, yet it is collected by the business who sells the goods and then, later on, submit it to the Government. It is safe to say that the businesses which sell the commodities act as an intermediary between the consumer and the Government of Australia.

Direct Taxation VS Indirect Taxation

A direct tax is a tax that is paid directly by the individual or Corporation on whom it is imposed by the Government. Few examples of the direct tax are Income tax and Corporation tax.

Indirect tax is a tax that is paid through an intermediary to the Government. A classic example of an indirect tax is the GST tax. The business which sells the goods collects the tax from the consumer and then later submits it to the Government.

You can file for your tax returns and payments or you can hire our professional tax accountant to help. At Easy tax, we aim to provide our best services to every client, especially to those who do not know a lot about taxes. We calculate your taxes for you and advise you about which of the tax methods would suit your business the best.More information to follow”. https://www.easytax.com.au

Why To Hire Professional Shower Screen Suppliers

August 18, 2020 / / Comments Off on Why To Hire Professional Shower Screen Suppliers

No matter what you are buying, everyone knows that experience and repute of your supplier always matters the most. Especially, when it comes for shower screen suppliers, this element becomes more dominant because it relates to construction and fitting work. There can be many challenges which one will face when executing any kind of construction activity, but most cardinal of them is that many times people run out of cost in middle of installation. This happens when you have ordered a custom-made design whose cost varies depending upon the specifications. It means that in order to circumvent all these kinds of unfavourable culminations, one must recruit an extremely competent and specialist vendor who can easily furnish close and accurate cost estimates. Apart from it, attention should also be given on some other paramount reasons of hiring recognized bath screen suppliers which include but not limited to a) time and cost saving b) assurance of reliable services c) availability of different designs/shapes and sizes d) you can have any kind of custom made designs and many other lucrative aspects which one must contemplate.

Quality of the product

Frameless bath screens are sensitive and delicate. You may have heard that people usually complain that such screens get damaged before time. Most of the times, this happens due to poor quality of the product. Remember that if you have hired a right supplier for this purpose, there would be no need to take any worry or hassle. Quality products are always more reliable and longer lasting.

Cost involved

No doubt, you may find that initially, it requires slightly higher investment than conventional doors. But when you cogitate this aspect in context of future expenses for example, repair, wear and tear, maintenance expenses etc. nothing would be wrong to say that it is a highly cost-effective decision.

Moreover, one would be glad to know that now you can easily hire low cost service providers. Provided that you choose an effective medium for hiring such professionals. What is it? Of course, everyone can see that many people in these days are showing much inclination towards this modest option.

Conclusion

Therefore, denial should never be drawn on this fact that now a days, one can easily install beautiful and stylish frameless showers in comparatively less spending of dollars. Online suppliers always remain able to display different ready-made designs. Alternatively, you can order custom made product as per your specific instructions. Whatever the case would be, remember that always try to find professional shower screen suppliers so that you won’t have to endure any dissatisfaction or resentment in future.

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