Tax Compliance

Tax compliance tailored for doing business in Australia

Comprehensive tax filings with dedicated assessments for exemptions, tax credits, schemes, and timely disclosure, by certified tax advisors.

Implement an efficient tax compliance process with BD Welsh

Step 1: Full assessment of relevant tax filings and set up a compliance calendar

Step 2: Preparation and comprehensive review of tax declarations

We process payroll on your chosen schedule, calculate wages, overtime, bonuses, and deductions, and ensure all figures are accurate.

Step 3: Tax return filing

We handle tax withholdings, superannuation, and ensure all payroll activities comply with the latest laws and regulations. Detailed reports are provided for your records.

Step 4: Ongoing monitoring and evaluation of tax obligations

Why BD Welsh?

Frequently Asked Questions

How does BD Welsh ensure proper tax compliance?

We conduct a thorough assessment of your business, and identify all tax obligations relevant to your situation while staying up to date on tax legislation applicable to your financial situation.

What are the main tax declarations I should be aware of?

The tax reporting requirements most common for businesses in Australia include, Pay as You Go (PAYG) withholding tax, Business Activity Statements (BAS), Single Touch Payroll (STP) reporting, Fringe Benefits Tax (FBT), and Corporate Income Tax (CIT) returns. Other companies engaged in R&D activities in Australia may also be eligible to apply for Australia’s Federal R&D tax incentive scheme, which offers generous benefits to R&D eligible businesses.

What is the due date of lodgement for Company Income Tax (CIT) in Australia?

For companies using Australia’s financial year-end, the final date of lodgement for a company income tax return is 15 May February. However, if you decide to adopt a substituted accounting period (SAP), the date of lodgement is usually 6 months after the financial year-end.