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Taxation

Cliftons taxation advisory and services include;

Business Planning

• Business start up advice
• Effective structural advice
• Implementation of controls and procedures

Budget Forecast Preparation

• Process, Completion and Management
• Internal Business Unit Structures
• Strategic Review
• Stakeholders and Communication

Goods & Services Tax

• Compliance with GST Act
• BAS assistance, preparation & Lodgement
• Registration for GST, PAYG Withholding, FBT

Tax Rates 2007/08 (residents)

Taxable Income From	Taxable Income To	Tax on this Income	Then
$0	$6,000	Nil	15% over $6,000
$6,001	$30,000	$3,600	30% over $30,000
$30,001	$75,000	$17,100	40% over $75,000
$75,001	$150,000	$47,100	45% over $150,000

plus Medicare Levy at 1.5% of Taxable Income

Land Tax

• Identification and Calculation of Land Tax Liability

Fringe Benefits Tax

• Tax effective planning
• Calculation of Fringe Benefits Liability
• Compliance with Australian Taxation Law
• Preparation & Lodgement of Fringe Benefits Taxation Return

Individuals

• Tax effective planning
• Compliance with Australian Taxation Law
• Preparation & Lodgement of Income Taxation Return

Partnerships

• Tax effective planning
• Compliance with Australian Taxation Law
• Preparation & Lodgement of Partnership Taxation Return

Superannuation Funds

• Setup
• Preparation & Lodgement of Fund Taxation Return
• Administration & Compliance
• Audit

Companies

• Tax effective planning
• Compliance with Australian Taxation Law
• Preparation & Lodgement of Company Taxation Returns

Payroll Tax

• Compliance with Australian Taxation Law
• Calculation of Payroll Tax Liability

Trusts

• Tax effective planning
• Compliance with Australian Taxation Law
• Preparation & Lodgement of Income Taxation Return